FirstNameHelen

HelenP. I Euro will continue to decline to $1.0640 level

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FX:EURUSD   歐元 / 美元
Hi folks today I'm prepared for you Euro analytics. A not long time ago price in a short time rose to the trend line and then made a strong impulse down to the 1.0730 resistance level, which coincided with the resistance zone and even soon broke it. After this movement, the price declined to the support zone, which coincided with the 1.0640 support level, but at once rebounded and started to rise inside the upward channel. In the channel, the Euro some time traded in the support zone and then broke the 1.0640 level again and little rose, after which made a correction to this level. Price some time traded near this level and later rebounded up to the trend line and soon broke it. After this, EUR made a retest and continued to move up to the resistance line of the channel. But when the price reached this line, which coincided with the resistance level, it rebounded and started to decline. So, just now, I think that the Euro will continue to decline to the trend line, which coincides with the support level. That's why my target is a 1.0640 level. If you like my analytics you may support me with your like/comment ❤️

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