EURUSD falls heavily and at some point reaches the 1.0000 mark, such an indicator was 20 years ago. On the chart, we see a strong downward channel, which has been dominating for a long time (since February). The global downtrend remains relevant.
We see that the price has tested the support zone and made a false breakout of the price channel support. The price forms a small impulse and breaks through the local level 1.00750 up.
I assume that there is a chance for a rollback, as the resistance zone has a strong liquidity zone. I think if the price manages to consolidate above the level of 1.00750, then the price may rise. Medium-term target - resistance zone 1.0357
Sincerely, R. Linda!
We see that the price has tested the support zone and made a false breakout of the price channel support. The price forms a small impulse and breaks through the local level 1.00750 up.
I assume that there is a chance for a rollback, as the resistance zone has a strong liquidity zone. I think if the price manages to consolidate above the level of 1.00750, then the price may rise. Medium-term target - resistance zone 1.0357
Sincerely, R. Linda!
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YouβοΈCAN and βοΈSHOULD make money in trading!
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π’Free Telegram Channel:
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π΄Contact:
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