Euro / Dólar Americano
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HelenP. I Euro can break support level and decline to $1.1050

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Hi folks today I'm prepared for you Euro analytics. Some time ago price fell to the 1.0870 support level, which is located inside the support zone, but later it declined more until to trend line. Then price rolled up and made a strong upward impulse to the 1.1120 support level, which coincide with the support zone. After this movement, the price continue to rise and a few time later rose to 1.1275 point, but in a short time started to decline and fell to the trend line, which coincide with the support zone and 1.1120 level. As well recently, Euro broke the trend line and decline to support zone 1.1130 - 1.1110. And at the moment price trades near the support level inside this support zone. In my mind, Euro can try to break the support level, and if the price does it, the Euro decline to support zone 1.1130 - 1.1110. After this, the price can make a retest and continue to fall. Therefore I set up my target at 1.1050. If you like my analytics you may support me with your like/comment ❤️

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