DeGRAM

EURUSD continue fall to support

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
In December last year, the price left the upward trend.
It rose and broke through the resistance line 1.201.
For two months, the price moved above this line.
But recently it first touched it around 1.214.
And then it struck during the fall.
A strong line that has existed since the beginning of last year.
Recently, the price has broken through the strong resistance at 1.215 and started to fall.
During this week it corrected the movement several times, but continued to fall.
I expect the price to go down to support (taking into account corrections).
The target is 1.191.


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Comments

hmm, dollar weakened after Biden's inauguration🤔
+2 Reply
Rye_Zen Lingrid
@Lingrid just chill DXY is now UP
Reply
DeGRAM Lingrid
@Lingrid, Thanks for words
Reply
my opinion

+2 Reply
DeGRAM Yuriy_Bishko
@Yuriy_Bishko, Interesting choice
Reply
i think, all your analysis fail with me
Reply
Again. Wrong signal
Reply
I see your idea 💡... definitely something to consider.
Reply
DeGRAM Iceberg_47
@Iceberg_47, Thank you for words
Reply
Clean analysis
Reply
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