HelenP. I Euro will continue to decline, breaking support level

8月28日

Hi folks today I'm prepared for you Euro analytics. Some time ago price declined to support 2, which coincided with the support zone, and some time traded near until it broke this level and fell to the trend line. Then EUR started to trades inside a wedge, where it rebounded from the trend line, which is the support line of this pattern, and rose to the resistance line, breaking support 2 one more time. Next, the price corrected the trend line, after which rose to the resistance line and then repeated this movement. Later Euro made an impulse up from the trend line and exited from the wedge pattern, broke support 1, and even rose a little higher than the resistance zone, but soon backed up. A not long time ago price rose from the resistance zone, after which at once turned around and dropped back. Now, I expect that EURUSD will make a small movement up and then continue to decline, breaking the trend line with the support level. Therefore I set my goal at 1.1015 points. If you like my analytics you may support me with your like/comment ❤️