COVID cases are on the rise across Europe. Germany and France are expected to implement new measures and closure for 2 weeks in order to limit the spread. This contributes to EUR sales.
Technically we have a break of triangle in a downward direction and this shows us what to expect.
At the moment the first resistance is 1.1798 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1702
Going back to the triangle area will spoil this scenario.
To support us, like and comment!
Technically we have a break of triangle in a downward direction and this shows us what to expect.
At the moment the first resistance is 1.1798 and from there we can expect repulsion and the beginning of a downward movement. The initial target of such a decline would be 1.1702
Going back to the triangle area will spoil this scenario.
To support us, like and comment!
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