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Lingrid
Apr 16, 2021 8:25 AM

EURUSD growth is over, the price starts FALL Short

Euro Fx/U.S. DollarFXCM

Description

I would like to remind you that yesterday we expected the price to fall from the 1.199 resistance zone and as you can see today the price really reversed from this resistance and showed a slight fall.


After the price showed a strong increase from the 1.170 support zone, where the level, the lines of 2019 and 2007, and the turn line of January 2021 intersect, the price broke through the channel line 1.189. Then it fixed on it and rose to the resistance line 1.199. This line has been on the chart since February 2019.

Now I expect the price to reverse and fall back to the 1.176 support line. This will be our goal.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Comments
actualUser95873
hellow ... we recently seen a positive candle after this forecast, i hope its valid yet..i have sell position on it..
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