Euro / U.S. DollarShort
Euro can retest the resistance line and start to decline
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Today, I want to talk to you about the EUR/USD chart.
On the chart, we can see how the price formed an upward channel and is now trading near the resistance line.
I think price can rise to the resistance line, then bounce back and start falling.
I expect the price can go up a little bit to retest the resistance line and can fall to the support line.
Therefore, I set a goal for Euro, at level 1.0320 which coincide with the support line.
This is my opinion, I really hope it will be useful for you.
Today, I want to talk to you about the EUR/USD chart.
On the chart, we can see how the price formed an upward channel and is now trading near the resistance line.
I think price can rise to the resistance line, then bounce back and start falling.
I expect the price can go up a little bit to retest the resistance line and can fall to the support line.
Therefore, I set a goal for Euro, at level 1.0320 which coincide with the support line.
This is my opinion, I really hope it will be useful for you.
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