HelenP. I Euro will fall to trend line and then start to move up

5 apr

Hi folks today I'm prepared for you Euro analytics. Some time ago price fell to the support zone, which coincided with the 1.0730 support level, and at once turned around and made a strong impulse up to the resistance level. After this, the price made a small correction movement and later continued to move up, and soon EUR reached a resistance level, which coincided with the resistance zone again. Price broke this level, made a retest, and rose to the trend line, after which it turned around and started to decline. In a short time price fell below the 1.0870 level, breaking it, and continued to move down near the trend line. Soon, the Euro fell to a support level, after which the price at once rebounded and made impulse up higher than the trend line, thereby breaking it. Recently price reached a resistance level also, but soon turned around and started to decline, so, I expect that the Euro will decline to the trend line and then rebound up. That's why I set my target at 1.0835 points. If you like my analytics you may support me with your like/comment ❤️