Short

HelenP. I Euro can bounce of resistance line and fall to 1.0850

Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price made a strong impulse down from the resistance level to support 2, which is located inside the support zone, thereby breaking support 1. Also later price fell lower, to the trend line, and started to move up near this line. After this Euro rose to the resistance level, which coincide with the resistance zone, breaking two levels, but soon roll down and fell to support 1, which is located in big volume. Next price tried to move up to the resistance level, but it touched the resistance line, failed, and declined back to support 1. And a not long time ago Euro bounced from the support line and now trades close resistance line. In my mind, the price can rise to this line and then start to fall to the 1.0850 support level, which is located at my target. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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