Lingrid

EURUSD - why the fall could continue in 2022 ...

Short
FX:EURUSD   Euro / U.S. Dollar
As we can see, the price is in a global downtrend. The price did not even try to test the global tops that form the strongest resistance levels. Since 2015, the price has been in the accumulative range. The breakdown of resistance is false, which also did not have the opportunity to update the local tops and brought the price back down. in 2020, against the background of the development of the pandemic, the price did not reach a little support level, but turned around and began to recover, such a move is often formed by large players, deceiving the crowd. The priority goal for strong players at the moment is the level of support. As we can see, a transitional level has been formed, which shows a trend change at the upper border of the range and the price at the end of the year closes almost in the middle of the range. I look forward to continuing the price decline in 2022 and achieving the goal formed back in 2015.

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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