Euro / Dólar Americano
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HelenP. I Euro can rise to resistance level and try to break it

704
Hi folks today I'm prepared for you Euro analytics. After the price declined to the resistance zone, which coincided with the 1.0875 resistance level, it some time traded there and then broke this level and declined below. Then price tried to back up and even it rose to the trend line, but the Euro continued to decline and in a short time fell to the 1.0690 resistance level, which coincided with one more resistance zone. When the price fell to this level, it at once rebounded up and rose to the trend line, and after the Euro reached the trend line, the price bounced and made impulse lower of resistance 1, thereby breaking it. Also, the Euro declined lower of the resistance zone, but a not long time ago price back up to this zone, and at the moment it trades there. For my mind, the Euro can bounce from the resistance zone to the trend line, thereby breaking the resistance level. After this, the price can make a retest and then rise to the trend line and try to break it. After the breakout, Euro can continue to move up, therefore I set up my target at the 1.0800 level. If you like my analytics you may support me with your like/comment ❤️

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