DeGRAM

EURUSD break resistance line and fall to support

FOREXCOM:EURUSD   유로 / 미국 달러
In November 2019, the price began to move in an uptrend (replacing a long decline).
In July 2020, the price broke through the support line at 1.669. This breakdown is the first since 2008.
The line now gives the price very strong support.
This is a very strong support line, which after so many touches gives the price a basis for growth.
The price has already broken through the 1.197 support line.
Therefore, I expect that after a pullback, it will be able to break through the resistance line 1.217 again and rise to the line 1.228.
After that, the price will break the line during the fall and consolidate on it.
And, having received resistance, it will fall to the support line.
The target is 1.204.

---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.