fxpremiere

EURUSD Downhill trend

Short
OANDA:EURUSD   Euro / U.S. Dollar
#EURUSD
The price is in the zone of intersections of an ascending channel (September 2020) and a falling channel (December 2020). It bounced off at the resistance 1.222 and broke through the resistance at 1.217. I expect to drop to the support level.
The target is 1.206.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.