The price continues to move, as I said in my previous forecast. one. 2. 3.
Namely: after the pair collapsed from the resistance line 1.233 - the upper border of the global ascending channel, which originates in early 2020 - the price was able to break through the zone and the resistance line 1.214.
After a breakdown and a slight downward movement, the price worked out several corrections to the line and, after breaking through the latter, fixed on it in the area of 1.216. Now, as we can see, the price began to fall from this line - as I said yesterday.
In addition, the "Head and Shoulders" pattern is completing the formation on the chart. Therefore, I continue to expect a fall and believe that the price will go down to the support line - the lower border of the ascending channel - and touch it at positions 1.191.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻