Lingrid

EURUSD FALLS in channel

Short
FX:EURUSD   Euro / U.S. Dollar
At the end of July, the price broke through the strong support line that was formed back in 2017 and fixed on it.


And now the price is in the upward channel formed by the lines since July 2020.


Recently, the price touched the resistance line and started to fall. I expect it to continue falling as the price has already broken through the resistance zone .
Thus, I expect the price to come to a strong support zone at the intersection of the line and the support level 1.176

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

Nice one, this is my analyse

Reply
great technical setup, well done! 🦐💪🏻
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Lingrid plancton0618
@plancton0618, thanks
Reply
cool price correction
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Lingrid TradingAlchemist
Reply
The price returns to the zone.

I expect go up.
Reply
Lingrid DeGRAM
@DeGRAM, me too
thanks
Reply
The price follows your arrow💥
Reply
Lingrid Solldy
@Solldy,❤️
Reply
More push to the downside could happen later today. Thanks for this my friend... Stay safe!
Reply
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