HelenP. I Euro can break trend line and continue rise to $1.0580

1032
Hi folks today I'm prepared for you Euro analytics. When the price declined to the 1.0630 resistance level, which coincided with the resistance zone, it some time traded there and then started to rise to the trend line. After this, the price rebounded from this line and fell back to the 1.0630 level and a few time later Euro broke this level and continued to decline. Price fell to the 1.0505 support level, which coincide with the support zone, but some time ago it rebounded and rose to the trend line. Also then, the Euro reached this line, broke it, and even tried to rise higher, but failed and made impulse down to 1.0505 level, thereby breaking the trend line again. As well recently, the price tried to break the support level, but now it trades near this level, so I think that the Euro can rebound from this level and start to rise to the trend line. After the price reaches this line, the Euro breaks it and then make a retest, and then continues to move up. That's why I set up my target at the 1.0580. If you like my analytics you may support me with your like/comment ❤️

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