LegionQ8

Euro can bounce up and exit from resistance area

Long
FX:EURUSD   Euro / Dollar Américain
Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see that price recently move up inside from upward channel and even made fake breakout. Price longer time tried to fix in seller zone, but on 4th try, it bounced down and started to decline. Thereby Euro left channel and made strong downward impulse to support line, breaking 1.0800 support level. And a not long time ago it bounced up from support line and now trades in resistance area. I think Euro can bounce higher, exit from resistance area, as well make retest and then continue move up. For this case, I set my target at 1.0920 level. Please share this idea with your friends and click Boost 🚀

🔷Join my telegram channel for free - t.me/legionq8

💰About Premium Signals Group all details you can see here - t.me/legionq8/812
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.