The price has been moving in an upward channel since December 2019. In this case, the movement has trends within the channel. So in January 2021, the price touched the resistance trend line 1.237 and began to fall. During the fall, a channel was formed, in which the price fell up to the 1.171 support trend line. In this point, the price was also supported by the support line in September 2019 and the price began to rise.
I expect the price to continue to rise to the resistance line that was formed inside the channel in February 2020. This line was often used as a price correction zone. Therefore, I expect that the price will touch it at point 1.217 and then fall. So my final target is the 1.184 support line.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻