Hi folks today I'm prepared for you Euro analytics. A not long time ago price declined to the 1.0895 resistance level, which coincided with the resistance zone and soon broke this level. Price declined to the trend line, after which EUR rebounded up to the 1.0895 resistance level and started to trades near this level, but some time later it rebounded from this level and fell to the trend line. Then Euro rebounded from this line and rose to the resistance level, but the price didn't break this level and in a short time declined to the support level, which coincided with the support zone, breaking the trend line and entered to consolidation. Soon, the price bounced from the support level and rose to the top part of the consolidation, after which the EUR turned around and declined to the trend line, breaking the 1.0735 level, but recently, the Euro rebounded from this line and soon rose back. Just now, the price trades near the 1.0735 level and I expect that the Euro will rise to top part of the consolidation and then start to decline to the support zone. That's why I set my target at the 1.0710 level, which is located in this zone. If you like my analytics you may support me with your like/comment ❤️
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🚀If you want became part of my trading team & start making big profits welcome to my paid VIP signals group, write me✏️ bit.ly/4grtzW3
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.