During the fall in the channel (December 2020), the price came to the support zone. The first time it broke through the channel line and fell to support 1.183. Then she grew up. This support line is June 2020. The price rose from the line after each touch. Now the price is at the strong support line (June 2020) 1.185. The line to support the falling channel is right there. I expect the price to touch this area first. And then it will grow more towards resistance. The target is 1.196.
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Light optimism from the Fed may be enough to trigger a new sell-off?
TradingAlchemist
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i am aside because european stock market has fallen sharply on eve of completion of two-day meeting us federal reserve system friend
Solldy
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I love how you find channels! Do you think, as I do, that the price will reach the upper channel line? I expect that then the price will bounce off this line and plummet DOWN!