LegionQ8

Euro make deep correction and can continue to rise

做多
FX:EURUSD   欧元/美元
Hello traders, I want share with you my opinion about Euro. Observing the chart, we see how the price formed a seller zone 1.0890-1.0900 and began a downward movement. Euro reached the level 1.0775, made a fake breakout and rose. Subsequently, the price continued to decline and, after a small upward correction and a retest of the resistance line continued to fall and break the support level. The price continued downward move and eventually fell to the level 1.0635, retested it and began to rise. Euro broke through the resistance line and rose to the resistance level 1.0775, retested it and declined. Not so long ago, the price made a deep correction and, after retesting the current support line, continued to move up. Currently, the Euro is trading above the support line and can continue to rise. The price can continue the upward movement and reach the resistance level. So, I decided to set the targets at level 1.0720 and at level 1.0775. Please share this idea with your friends and click Boost 🚀
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