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Lingrid
May 13, 2021 9:10 AM

EURUSD correction to RESISTANCE and a new stage of FALL Short

Euro Fx/U.S. DollarFXCM

Description

Let me remind you that at the beginning of this week, the price started falling from the resistance line 1.217. Thus, fulfilling all my recent predictions.

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The price came to the resistance zone at 1.217 after bouncing off the 1.171 support in early April. She has grown in a month. However, the resistance zone turned out to be too strong to break through. Here the resistance line of February 2020 and the line of July 2020 intersect. I expect the price to continue falling from this zone and come to the 1.183 support zone. This will be our goal.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Comments
Lingrid
@intergold, Good day.
On the TradingView platform, I only submit my Forecasts.
To see the result, you can open the idea and start the "play". The idea will be loaded and you will see in which direction it went.
I want to remind you that 30% of passed ideas are considered successful trading.
Thank you.
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