The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD went straight down without giving us a pullback. It broke and closed below the key level at 1.07000, which is the previous day low. This opens the road to lower prices. I think the market might move down to November open prices. If the market makes a retracement toward resistance and a fake breakout, then we can short the market. We have to consider the upcoming news that can change the price direction as well. My goal is the support level at 1.06250
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻