Long

HelenP. I Euro will exit from triangle and continue to move up

Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a not long time ago reached the trend line and then made a downward impulse lower than the resistance level, which coincided with the resistance zone, thereby breaking it. Next, the price formed a gap, after which declined a little more and then rose to the trend line. After this movement, the EUR turned around and started to decline to the support zone, which coincided with the support level inside the triangle. Then the price bounced from this area and tried to grow, but after EURUSD rose a little, it quickly fell back to the support zone. Also recently price rebounded from this area and in a short time rose to the trend line, which is the resistance line of the triangle too. For this case, I expect that EURUSD will exit from the triangle pattern, make a retest, and then continue to move up to the resistance level. That's why I set my goal at 1.0820 level. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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FirstNameHelen

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