Lingrid

EURUSD FIXATION and FALL

Short
FX:EURUSD   Euro / U.S. Dollar
The price continues to move according to my forecast, which I corrected yesterday.

Let me remind you that after falling from the resistance line 1.232, the price broke through the level 1.221 and the resistance line 1.214. However, having dropped minimally from the line, the price returned and fixed on it in the area of ​​1.215. And then it worked out the second correction and touched the line again at point 1.217.

However, as before, I continue to expect that after these two corrections the price will fall and come to the support line. The main reason for the fall is the very strong resistance line, which was formed in 2019. Its breakout is already a good signal for a fall, but two fixations only strengthen it.

Thus, I expect the price to come to the 1.190 support line.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Contact for accurate private forex & crypto signals in Telegram @lingrid

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Comments

Dear.. will this go down? I can see long most of the analysis... but I wanna kind of trust you.
It’s been very frustrating since last two days.

Can you confirm again if this will go down or up?

Appreciate it...
+1 Reply
Good.......Good
Reply
thank you for describe
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Lingrid TradingAlchemist
@TradingAlchemist, welcome)
Reply
A good choice EURUSD
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Lingrid DeGRAM
@DeGRAM, thank you)
Reply
In July, in November, the price bounced off the support line! I think that this time, too, will push off!
Reply
Lingrid Solldy
@Solldy, I am very pleased that you share your thoughts with us)
Reply
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