EURUSD growth and left channel

2021년 1월 6일

The price continues to rise, as I said in my previous forecast.

It is close to the resistance line.
This line is the top line of the long ascending channel.

The channel was formed in early 2020.
A small ascending channel also formed inside it (November 2020).
The price touched the support line 1.224 (the lower line of the growing channel) and rose.
I expect that:
First, it will touch the resistance line 1.240 (line of the senior channel).
Secondly, it will break it and grow to the channel border.
The target is resistance at 1.254.
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