And then it dropped from the level to the 1.215.
This is formed by the line that formed in November 2019 when the price started to fall after touching the resistance line at 1.116.
The last time the price broke through this line was in December 2020 at point 1.207, after which it rose. Now you can see how, once in the , the price bounced off the 1.213 line, then fixed on it by means of a rollback and began to grow again. This series of movements suggests that the price is ready for a new rise from the .
Therefore, I am confident that the price will continue to rise and come to the of 1.221. This will be our goal.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻