HelenP. I Euro will make correction movement and continue grow

13 Ağu

Hi folks today I'm prepared for you Euro analytics. Some days ago price declined to support 2, which coincided with the support zone, and even broke this level and fell to the trend line. But after this movement, the EUR turned around, entered to the pennant, and made a strong impulse up from the trend line to support 1, breaking support 2. Next, the price broke support 1, which coincided with one more support zone and even rose until to resistance line of pennant. After this, Euro turned around and fell back to support 1, and some time traded near, after which it made little correction movement below this level. Soon, the price came back and even rose to the resistance line of the pennant, but then fell to the support level. A not long time ago price rebounded from this level and exited from this pattern. So, I expect that EURUSD will make a correction movement, after exiting, and then continue to grow. Therefore I set my goal at 1.0990 points. If you like my analytics you may support me with your like/comment ❤️