Lingrid

EURUSD FIX in SUPPORT zone and continued GROWTH

Long
FOREXCOM:EURUSD   Euro / U.S. Dollar
We continue to expect the price to rise along with my yesterday's forecast.

Let me remind you that we are considering price movement in a downward channel since November 2020. The other day the price reached the lower border of this channel, and then bounced off the 1.184 support zone. After that, the price pushed off the support and started to grow.

It returned to the channel and is now fixed on the 1.188 support line. I expect the price to rise from this point to the resistance line at 1.201.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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