RLinda

EURUSD ! Growth after a false breakout of strong support

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD, after a long upward movement and a fall that takes a little more than a year, returns to the strongest support level 1.06550, from which there was a movement of + 16% earlier

I assume that if the price returns upwards beyond the level of 1.0655, then this will be a false break down of the level of 1.0655.
I am waiting for the currency pair to consolidate above the support level with potential growth. Short term - level 1.0756
Medium term - level 1.09265

Sincerely, R. Linda!

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