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DeGRAM
Feb 24, 2021 9:51 AM

EURUSD forecast update / Fall Short

Euro / U.S. DollarFOREX.com

Description

At the end of last week, the price broke through the strong level of 1.207.

In the same place there are:
- uplink support line
- August 2019 line.
After such a strong support, the price began to rise.
The price bounced off the strong support zone of 1.207.
Now I expect it to rise to the 1.225 resistance line.
After that, it will turn around and fall back to the support.
The target is 1.207.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
UnknownUnicorn15614419
Thank you for sharing your idea! Why don't you expect the price to rise in the channel?
DeGRAM
@TradingStat, I am leaning on a strong resistance line.
TradingAlchemist
consumer climate index in germany will available everyone tomorrow. it make eurusd fall. yeah?
DeGRAM
@TradingAlchemist, Depending on the result of the report.
Lingrid
The Energy Information Agency (EIA) ' s crude oil reserves have an impact on inflation and other economic forces.
I also took a reduction.
DeGRAM
@Lingrid, Yes, we are on the right track.

Are you waiting for the evening news from America?
VasilyTrader
Up and down
Trading is that crazy
How you control your emotions
DeGRAM
@VasilyPonomarev, You have to be calculating and learn from mistakes.
Solldy
You have drawn your arrow far away! I want to see more closely what is happening with the direction that you have chosen!
DeGRAM
@Solldy, This is also possible. Let's wait and see.
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