EURUSD pause and continue falling
The price is at the intersection of the canals.
Yesterday there was a small leap in growth, but she again returned to support.
The downtrend is driven by the channel since December last year.
During the fall in the channel (December 2020), the price broke through the resistance at 1.198 (the border of the older channel).
Then it continued to fall and came to support 1.187 (the border of the younger channel).
I expect the price to continue to fall.
1. Will break through support 1.187.
2. Will fix on the line 1.184.
3. Will come to support.
The target is 1.178.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Yesterday there was a small leap in growth, but she again returned to support.
The downtrend is driven by the channel since December last year.
During the fall in the channel (December 2020), the price broke through the resistance at 1.198 (the border of the older channel).
Then it continued to fall and came to support 1.187 (the border of the younger channel).
I expect the price to continue to fall.
1. Will break through support 1.187.
2. Will fix on the line 1.184.
3. Will come to support.
The target is 1.178.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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