During the fall in the channel (since July 2020), the price entered the support zone. This is a strong line of support. She was educated in 2012. The only long-term breakdown was in 2019. The price came to a strong support zone (channel line + 2012 line). From here, I expect growth to resistance. The target is 1.549.
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There was a false breakout of the lower channel line on November 9! Today, too, there will be a breakthrough! But the purpose of your idea will not collapse!
DeGRAM
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@Solldy, In this case, the zone is stronger due to the support line.
Lingrid
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European Central Bank representative Lane will have important words to say for us.
If you have time - listen