Euro can retest new support level and then continue move up
Hello my friends, today I want to talk to you about EURUSD.
I made a few conclusions about Euro.
Price exited of upward channel and broke old support line.
At the moment Euro trades near new support level.
I expect that price can make retest support level and then continue move up to my first target which is located at $1.0380
Also, I think price can continue to rise.
Therefore, I set up second target at $1.0530 level.
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
I made a few conclusions about Euro.
Price exited of upward channel and broke old support line.
At the moment Euro trades near new support level.
I expect that price can make retest support level and then continue move up to my first target which is located at $1.0380
Also, I think price can continue to rise.
Therefore, I set up second target at $1.0530 level.
I expect such a scenario.
This is an article not financial advice, always do your own research.
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.