LegionQ8

Euro can break support area and continue to fall

שורט
FX:EURUSD   יורו / דולר אמריקאי
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price formed the seller zone, which it tested and begin to decline. Over time, the price broke through the support area 1.0625-1.0610 and continued to fall. We are also seeing the Euro reach the next support area, which it re-tested and begin to rise. The price is currently trading near resistance line, where it has created a possible fake breakout. I think the Euro can continue to fall, so I decided to set two goals. Support area 1.0540-1.0530 and at level 1.0500. Please share this idea with your friends and click Boost 🚀
כתב ויתור

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