2023-02-23 15:19:22
EUR/USDEuro can bounce up and break resistance levelHello my friends, today I want to talk to you about EURUSD.
I made a few conclusions about Euro.
A not long time ago price exited from upward impulse and made strong downward impulse to $1.0655 level.
Also, Euro broke $1.0805 level and started trades inside of downward channel.
Recently price bounced of resistance line and fell lower, thereby broke $1.0655 level.
At the moment Euro continue trading inside channel and I expect that it can bounce up to resistance level.
Then I think that price can break this level, make retest and continue to move up.
For this reason, I set up my targets at $1.0655 and $1.0730 levels.
I expect such a scenario.
This is an article not financial advice, always do your own research.
https://www.tradingview.com/x/ltTrrN6o/
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