EURUSD PREDICTION
EUR/USD
Euro can break resistance level and then make retest
Hi folks today I'm prepared for you Euro analytics. Some time ago price rebounded from the 1.0685 resistance level and made a strong downward impulse to the support zone, which coincided with the 1.0550 support level. Euro at once rebounded from this zone, broke the support level, and tried to rise to the resistance level, but after it reached 1.0670 points, the price rebounded back to the support zone. After this, the price fell to the trend line, bounced, and soon rose back to the resistance level. As well, the Euro entered to triangle, where it broke the resistance level, which coincided with the resistance zone, but soon it fell to this zone and some time traded there. Next, the price bounced up from the resistance zone to the resistance line of the triangle and then rebounded down to the trend line, thereby breaking the 1.0685 level. Also, a not long time ago Euro bounced from this line and at the moment it traded very close to the resistance level. For my mind, the price can break this level, make a retest, and reach the resistance line of the triangle. As well, I think the price can exit from the triangle and continue to move up. Therefore I set up my target a the 1.0750 level. If you like my analytics you may support me with your like/comment ❤️
Euro can break resistance level and then make retest
Hi folks today I'm prepared for you Euro analytics. Some time ago price rebounded from the 1.0685 resistance level and made a strong downward impulse to the support zone, which coincided with the 1.0550 support level. Euro at once rebounded from this zone, broke the support level, and tried to rise to the resistance level, but after it reached 1.0670 points, the price rebounded back to the support zone. After this, the price fell to the trend line, bounced, and soon rose back to the resistance level. As well, the Euro entered to triangle, where it broke the resistance level, which coincided with the resistance zone, but soon it fell to this zone and some time traded there. Next, the price bounced up from the resistance zone to the resistance line of the triangle and then rebounded down to the trend line, thereby breaking the 1.0685 level. Also, a not long time ago Euro bounced from this line and at the moment it traded very close to the resistance level. For my mind, the price can break this level, make a retest, and reach the resistance line of the triangle. As well, I think the price can exit from the triangle and continue to move up. Therefore I set up my target a the 1.0750 level. If you like my analytics you may support me with your like/comment ❤️
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