HelenP. I Euro can rebound up from support zone to $1.0915

7月22日

Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price reached support 2, which coincided with the support zone and soon broke this level. After this movement, the price tried to grow but failed, made the first gap, and fell to support 2, which coincided with the trend line. Then Euro turned around and in a short time rose higher than support 1, which coincided with one more support zone, after which fell to this area, and some time traded inside. Later price broke support 1, and entered to consolidation, where it made a second gap and then made a correction to the support level. After this, the EUR rebounded up to the top part of the range and then turned around and dropped to the support level, thereby breaking the trend line. Now price continues to trades near this level to this day and I expect that EURUSD will rebound up from the support zone to the trend line, That's why I set my goal at 1.0915 points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️