EURUSD start FALLING to the support line

FOREXCOM:EURUSD   Euro / U.S. Dollar
Let me remind you that from the beginning of this week we expected that the euro-dollar will reach our intermediate target - the resistance line, from which the fall should begin.

The price completed the growth from the support zone .

Touched the resistance line and prepared for a reversal.

Over the past day, the price has consolidated in the zone and has begun a still weak downward movement.

Since this zone is at the intersection of the strong resistance line of February 2020 and the resistance line of the downtrend channel of December 2020, I continue to expect a fall. I expect the price to fall from the 1.212 resistance zone to the 1.196 support line.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻


Your ideas are great 👌🏽
+1 Reply
Lingrid Bdodds93
@Bdodds93, thank you)
still u think
Heading back up??
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out