HelenP. I Euro can break support level and fall to 1.0845

20. Juni 2023

Hi folks today I'm prepared for you Euro analytics. After the price bounced from the resistance level which coincide with the resistance zone, it started to fall and first declined to the support level. The price didn't fix it there, broke the support level, and continued to fall to the support zone, thereby breaking the trend line too. Later, Euro bounced from the support zone and made a strong upward impulse, after which the price broke the 1.0760 level and also broke the trend line. Then Euro rose higher of the resistance zone with a level and a not long time ago made a retest to current support 2. At the moment price trades close to this level and I think it rise a little and then bounce down, break this level and make retest. Next, the price can break the trend line, leave the support zone, and continue to fall. For this case, I set my target at 1.0845 level. If you like my analytics you may support me with your like/comment ❤️