EURUSD growth and left channel
The price continues to rise, as I said in my previous forecast.
It is close to the resistance line.
This line is the top line of the long ascending channel.
The channel was formed in early 2020.
A small ascending channel also formed inside it (November 2020).
The price touched the support line 1.224 (the lower line of the growing channel) and rose.
I expect that:
First, it will touch the resistance line 1.240 (line of the senior channel).
Secondly, it will break it and grow to the channel border.
The target is resistance at 1.254.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
It is close to the resistance line.
This line is the top line of the long ascending channel.
The channel was formed in early 2020.
A small ascending channel also formed inside it (November 2020).
The price touched the support line 1.224 (the lower line of the growing channel) and rose.
I expect that:
First, it will touch the resistance line 1.240 (line of the senior channel).
Secondly, it will break it and grow to the channel border.
The target is resistance at 1.254.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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