EURUSD first step - fall, second step - GROWTH

At the end of last week, the price came to the resistance line at 1.198.

And stuck on it. I keep looking forward to the fall.

Since March 2020, the price has been moving in a global upward channel. And during this movement at the beginning of this year, it touched the resistance line 1.237 - the upper border of the channel. Then the fall began. And now we see that falling in the channel the price has come to the lower border of the main uptrend in the support zone of 1.170. In addition to the channel line, there is also a support line for October 2019 and March 2020.

From this zone, the price showed excellent growth and in three weeks rose to the resistance line 1.198. Now I expect the price to fall from this line and consolidate in the 1.179 support zone. After which he will receive a strong support, he will begin to grow. The price will break the line 1.193, fix at the local price level 1.196 and rise to the resistance line 1.216. 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👩‍💻