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DeGRAM
Dec 2, 2020 10:55 AM

EURUSD stop growth and fall to support line Short

Euro / U.S. DollarFOREX.com

Description

During a sharp growth spurt, price was able to break through the 1.192 support line.
Then he returned to her, consolidated.
And once again it rapidly rose to the resistance line of 1.208.
This line has been on the chart since October 2019 and provides strong resistance, preventing the price from moving higher.

Pus needs to take into account the recent spikes in growth.
Strong and sharp price increases are always short-lived.
Therefore, in the near future the price will roll back and fall.
Already within this trading day, the beginning of the fall is visible.
I expect the price to continue to fall. Perhaps it will make one more correction.
And it will still fall to the support line.
The target is 1.191.

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Comments
leewenyau
lmao this guy is providing counter trend signals based on daily/weekly support/resistance. no insights on major movement, becareful when following the counter trend signals. This guy is a marketing master though, earned way more from subscription than from trading
vychod
the same CTRL+C and CTRL+V analyses five days in row and the same result. WRONG. I though to buy your VIP signals but not now ! I am sorry
Kendy_Sneaker
I went short yesterday and stopped
DeGRAM
Kendy_Sneaker
@DeGRAM, It's time to change the mind
TradingAlchemist
i want sell
DeGRAM
@TradingAlchemist, A good choice
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