AtlasTrades

Euro can make small correction and then bounce up

Long
OANDA:EURUSD   Euro / U.S. Dollar
Hello my friends, today I want to talk to you about EURUSD.

I made a few conclusions about EURO.

Not time ago price exit of upward channel and broke support line and now, euro trades near new resistance line.

After price broke support line I expect that euro can drop below to support zone

From the support zone, I think that price can continue to rise.

That's why I set up two targets at $1.0440 and $1.0610 levels.

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

And please don't forget to support this idea with your like and comment, thanks.



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