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Lingrid
Mar 3, 2021 8:05 AM

EURUSD continues to GROW towards resistance zone Long

Euro / U.S. DollarFOREX.com

Description

We continue to watch the price movement of this currency pair. As you remember, after the price fell from a strong resistance zone, it stopped at the support level of 1.202.


From this position I expected a fall to the support of 1.196 and after that a new growth began.


As you can see, the price started to grow even without touching the support zone.


Now I extend my yesterday's forecast and continue to expect the price to move towards the resistance zone. I expect the price to come from the 1.201 support zone, from which it has already pushed off, to the 1.221 resistance zone.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
EhsanR_Trader
wrong wrong wrong.you wanna lose all of your money ?
SmartXbot3AutoTrade
so you think now the price is already going up to resistance zone? or will it go down to support first before fly to the moon?
Lingrid
@solemnFalcon26764, i think that the price will not go down
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