EURGBP fall but after return in trend
My last prediction came true.
The price bounced off the resistance line 0.914 and fell.
It fell to the border of a small ascending channel - 0.900.
The channel has existed since May.
However, the resistance line (from the beginning of March) is stronger, then I expect. what's the price:
1 - will break through the lower channel line (support line) and fall to the support line 0.889.
2 - will push off, return to the channel and consolidate at the 0.900 line
3 - will rise to the resistance line from August.
The target is 0.910.
------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The price bounced off the resistance line 0.914 and fell.
It fell to the border of a small ascending channel - 0.900.
The channel has existed since May.
However, the resistance line (from the beginning of March) is stronger, then I expect. what's the price:
1 - will break through the lower channel line (support line) and fall to the support line 0.889.
2 - will push off, return to the channel and consolidate at the 0.900 line
3 - will rise to the resistance line from August.
The target is 0.910.
------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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