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EURUSD 26 04 2021

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD 26 04 2021

The growth in the price of this currency pair continues within the upward channel, which will exist on the chart since November 2019. In early April, the price fell to the lower border of this channel the 1.170 support line. At this point, another support line also passes - formed in September 2019. From this point, the price pushed off and began to grow. It is now close to the resistance line that appeared on the chart in February 2020. It can be seen that this year the price has been corrected several times at this line. So now I expect that the first thing the price will touch the resistance line 1.217. Then it will fall back to the lower border of the channel, the support line at 1.186. This will be our goal.

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