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DeGRAM
Feb 4, 2021 10:18 AM

EURUSD First - fall, second - growth Long

Euro Fx/U.S. DollarFXCM

Description

My last prediction came true.
The price left the channel, broke through the resistance line and continued to fall.

Now she is back in an uptrend.
I expect the price to fall to the lower line of this trend.
This is a support line formed in 2020.
After breaking through the resistance line at 1.204, I expect the price to continue falling.
She will come to the support line (Feb 2020).
Will touch it at position 1.192 and stop.
After that, the price will start a new rise.
As a result, it will return to the resistance line.
The target is 1.206.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
ForecastCity_World
Good job, Here is our idea , please tell us what you think:
DeGRAM
@ForecastCity_World, Nice work

Thank you
Dave-FX-Hunter
Good job mate, keep it coming
DeGRAM
@Dave-FX-Hunter, You are welcome
Poltavskij
Very good idea!
DeGRAM
@Poltavskij, Thanks bro!
Solldy
I expect that after the price reaches the line, it will dip down and will not rise again.📉
DeGRAM
@Solldy, Interesting choice
Lingrid
yep, it will lead to a new wave of growth of the euro
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