RLinda

EURUSD ! Liquidity zone is relevant. We fall from resistance🙃

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RLinda Uppdaterad   
FX:EURUSD   Euro / USA-dollar
EURUSD is in a local neutral trend as the currency pair is trading in a sideways range between 1.05800 and 1.0366. Yesterday the support level of 1.0472 was broken down and thus the price worked out my previous idea and reached the second target.

Yesterday we saw an attempt to test support, the price did not reach the liquidity zone by several points, thus, the zone remains relevant. A rollback to resistance is forming.

I assume that after a rollback, the price may consolidate below the level of 1.0472 and continue its fall to the liquidity zone. Short-term target - support 1.0366

Sincerely, R. Linda!
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