fxpremiere

EURUSD uptrend

Long
FX:EURUSD   Euro / U.S. Dollar
#EURUSD uptrend
Despite the strong support line, yesterday the price collapsed to a large volume .

Despite the price drop, I still expect its new growth in the near future. The main reason for expecting growth is a rather strong support initiation, in the area of which the price is now. This line has been in existence for over a year, since February 2020.

We expect the price to touch this line at 1.193. Then it will rise, break through the resistance level 1.202 and come to the resistance zone 1.205.

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