Michael_Winner

Euro may continue to fall after the retest

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FOREXCOM:EURUSD   歐元 / 美元
Hello dear traders, we are new here, so please support our ideas by LIKE and COMMENT and feel free to ask any questions in the comments, we will try to answer all, thanks guys.

Today we will look at the EUR/USD price.
Looking at the chart, we can see how the price broke through the support line of the wedge, which has now become a resistance line.
Now the price is testing a resistance line from which it can bounce and continue to fall.
I expect the price can continue to decline and reach the 0.9550 level.
Therefore, I set our target at 0.9550.

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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