EURUSD ! False breakout of strong support provokes growth

20 de mai. de 2022

EURUSD is globally forming a false breakout of the strong support level 1.0366 and after the false breakout the price starts to recover to the resistance level 1.05800. A false breakout of resistance was made, but the price does not fall, but returns to retest this level. I think that large buyers are interested at the moment in the liquidity zone,
which is below the level of 1.09265.

I assume the growth of EURUSD after fixing the currency pair above the zone of 1.05800. Potential in the short term up to 1.0655. And in the medium term, I expect a movement to the resistance of 1.09265

Sincerely, R. Linda!