#EURUSD
The price is in the zone of intersections of an ascending channel (September 2020) and a falling channel (December 2020). It bounced off at the resistance 1.222 and broke through the resistance at 1.217. I expect to drop to the support level.
The target is 1.206.
The price is in the zone of intersections of an ascending channel (September 2020) and a falling channel (December 2020). It bounced off at the resistance 1.222 and broke through the resistance at 1.217. I expect to drop to the support level.
The target is 1.206.