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DeGRAM
Feb 19, 2021 10:15 AM

EURUSD starts falling in the channel Short

Euro Fx/U.S. DollarFXCM

Description

The price is moving as I said yesterday.
Namely: after the breakdown of the support level 1.206, it continued to grow.

Today the price approached the resistance (the upper line of the falling channel in December 2020).
There is also the December 2019 resistance line.
I expect that:
The price will touch the resistance zone at 1.215.
Then it will drop to the support level.
The target is 1.206.

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