HelenP. I Euro can drop to $1.0630 points from trend line

28 cze

Hi folks today I'm prepared for you Euro analytics. A not long time ago price rebounded from the resistance zone, which coincided with the resistance level and declined a little below, but soon it turned around and made a strong impulse up to the trend line. After this, the price turned around and in a short time declined to the support zone, which coincided with the support level, thereby breaking the 1.0760 level again. Next, the price bounced from the support zone and rose to the resistance level, after which rebounded and quickly fell back to the support zone. Then EUR tried to grow, but failed and declined back to the support area, but a few moments ago it rebounded again and reached the trend line, after which fell to the 1.0685 support level, where continues to trades near to this day. So, for this reason, I expect that the Euro will reach the trend line and then start to decline to the support level. When it reaches this level, the price can break it and then continue to fall. That's why I set my goal at 1.0630 points. If you like my analytics you may support me with your like/comment ❤️