#EURUSD 20 04 2021
The price continues to stand at the resistance line in the area of 1.207 and therefore I extend my previous forecasts - I continue to expect a fall from the resistance. Let me remind you that since March last year, the price has been moving in an upward trend. In January of this year, it fell from the upper bound of the trend - 1.237 to its lower bound 1.171. The touch happened in April. After that, the price began to grow, broke through the support of August 2020 - 1.195 and touched the resistance line of October 2019 - 1.207. we expect the price to fall from this point and come to the 1.184 support line.
The price continues to stand at the resistance line in the area of 1.207 and therefore I extend my previous forecasts - I continue to expect a fall from the resistance. Let me remind you that since March last year, the price has been moving in an upward trend. In January of this year, it fell from the upper bound of the trend - 1.237 to its lower bound 1.171. The touch happened in April. After that, the price began to grow, broke through the support of August 2020 - 1.195 and touched the resistance line of October 2019 - 1.207. we expect the price to fall from this point and come to the 1.184 support line.