Lingrid

EURUSD SUPPORT since 2007 and GROWTH

Long
FX:EURUSD   Euro / U.S. Dollar
Let me remind you of the price movement since the middle of this week.
First, the price bounced off the 1.171 support line, completed the minimum consolidation and started to grow.
Then it continued to grow from the line and today I extend the forecast.

At the point 1.171 from which yesterday the price bounced off, the support level, the line of August 2019 and the line of November 2007 are crossed! This is a very useful support area. Therefore, I am confident that the price will continue to grow from it in the channel and come to the resistance line at 1.187.

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

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