HelenP. I After correction movement, Euro will continue grow

Jan 24

Hi folks today I'm prepared for you Euro analytics. In this chart, we can see how the price rebounded from the resistance level and then tried to grow, but failed and soon fell back. Next, the price some time traded near this level and then broke it and dropped below. After this, the price almost rose back, but then turned around and dropped more to the trend line, breaking the support level, which coincided with the support zone. Later Euro rebounded from the trend line and rose to almost a resistance level, after which turned around and dropped back, breaking the trend line with the support level again. After this movement, Euro rebounded up, breaking the support level one more time, and then made a retest and continued to move up until it reached the trend line. Then price continued to move up near the trend line and soon broke the resistance level, but recently fell below. At the moment, I expect that EURUSD, after correction movement, can continue to move up, breaking the resistance level with the trend line. So, for this case, I set my goal at 1.0550 points. If you like my analytics you may support me with your like/comment ❤️

Jan 25

Trade active

Euro moved up, without correction, and even broke the resistance level with trend line. Therefore I expect that the price will make retest and then continue to grow next.