Lingrid

EURUSD pause in RESISTANCE zone. Next - FALL

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FX:EURUSD   Euro / Dólar Americano
Yesterday we expected the price to fall from a strong resistance zone, but the price continued a small growth. And nevertheless, she is still within the zone until she leaves it, so I update my whole idea and, as before, expect the beginning of the fall.

The main reason to expect a fall: a strong resistance zone, which consists of a strong level as well as a resistance trend line, which began to form in August 2020. The price is at the upper border of the resistance zone at point 1.217 and from this point I expect a reversal and fall. The price will break the resistance line and go down to the support zone of 1.202. This will be our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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