DeGRAM

EURUSD continue fall after short rise

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
Since the beginning of last year, the price has been moving in a growing channel.
Twice during this time, she left it. The first time is in the summer of 2020.
The second one - at the end of November, when it broke through the resistance line 1.202.
Last week, the price returned to the line.
The price touched it at point 1.214, and then broke through - 1.215.
And the fall began.
However, yesterday the price showed a slight upward movement.
But I do not expect the price to start a new rise and break the line again.
Now I expect the price to be:
- Will touch the resistance 1.218.
- Will fall to support.
The goal is 1,200.

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