Euro can fall a little more and then start to rise
2746
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago traded inside the range, where it sometimes declined to the 1.0940 resistance level, which coincides with the seller zone. After the range, the price reached the resistance line and started to decline near this line to the 1.0800 current resistance level, thereby breaking the 1.0940 level. After the price declined to this level, it at once rebounded up and made a strong upward impulse to the 1.0940 resistance level, breaking the resistance line, but soon it rebounded down and fell back to the current resistance level, which coincided with the resistance area. Also a few times ago, the price broke this level and even declined below the resistance area, where it continues to trade to this day. I think that the Euro can fall a little more and then start to rise to the current resistance level, which coincides with the resistance line, and even try to break it. After the breakout, the price can make retest and then continue to rise. For this case, I set up my target at 1.0865. Please share this idea with your friends and click Boost 🚀
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.