Last week, the price left the growing channel, breaking through its lower border - the resistance line - at 90.84. Then it continued to fall and dropped to the 90.01 support line. This is a very strong line that was formed back in March 2008. Therefore, now I expect the price to reverse from it and begin to rise. Thus, my final target is the resistance line at 90.87.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
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