FirstNameHelen

HelenP. I Euro can reach trend line and then rebound down

ショート
FX:EURUSD   ユーロ/米ドル
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some time ago declined to 1.0890 resistance level, which coincided with the resistance zone and at once rebounded up to the trend line. After this upward movement, the Euro turned around and in a short time declined to the resistance zone and started to trades near. Some time later, the price broke the 1.0890 level, made a retest, and started to trades below this level with the resistance zone. A few moments later, the EUR little declined from the resistance level, but soon turned around and rose to this level back, which coincided with the trend line also. But after this, the price at once rebounded and made impulse down to 1.0725 points, after which it turned around and started to move up. Recently the price has almost approached the trend line, and at the moment continues to rise to this line. For this reason, I expect that the Euro will reach the trend line, after which the price can turn around and start to decline. Therefore I set my target at 1.0705 points. If you like my analytics you may support me with your like/comment ❤️

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