FirstNameHelen

HelenP. I Euro has tested support1 and may continue to rise

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FX:EURUSD   Euro / USA-dollar
Hi folks today I'm prepared for you EURO analytics. After testing support at the level of 1.0525, the price started an uptrend and broke through the resistance zone 1.0700-1.0740. Euro rose to resistance at level 1.0900, after which it made a deep correction, continued to rise and broke through current resistance. For a long time, was formed an ascending wedge, in which the price was traded for a long time. Euro bounced off the resistance of the wedge, declined and tried to break through the support of the wedge, but the price did not fix below and rose to resistance at the level of 1.1095 from which it continued to decline. Euro again tried to break through support, but could not fix and only after a slight correction the price continued to decline and left the ascending wedge. Recently, the price re-tested support at the level of 1.0900 and rebounded. I hope that the Euro may continue the uptrend, so the targets will be set at 1.0960 and 1.1055. If you like my analytics you may support me with your like/comment ❤️

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