We continue to watch the price movement during the fall. As we remember, the price has been moving in an uptrend for the last weeks, which takes its beginning along with the trend lines in October last year. During the growth in the trend, the price came to the strong resistance zone of 0.723, where the strong level is. After that, it fell, broke through the resistance line at 0.715 and continued to fall.
Now I expect the price to come to the support line at 0.701 first. And after that, it will turn around and start a new rise to resistance. And it is at this moment that you can open a buy deal. I will never tire of reminding you of the importance of SL - look for its lower support line around 0.694.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻