EURUSD good point to sell
Recently, the price touched the 1.192 resistance zone at the intersection of two resistance lines, one of which is the straight channel line that has existed since 2020.
After that, the price made a slight rollback, but now it has returned to the resistance again and is trying to break it. Right now, she is in the aisles of a strong resistance line (existed since 2019)
Taking into account the fact that a little earlier the price has already risen above the channel line, I think that it will not have enough resources to break through the resistance.
I expect the price to fall. This is a good time to open a sale.
SL - above the resistance line around 1,200.
TP - along the support line in the 1.175 area
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Thank you for your support!
After that, the price made a slight rollback, but now it has returned to the resistance again and is trying to break it. Right now, she is in the aisles of a strong resistance line (existed since 2019)
Taking into account the fact that a little earlier the price has already risen above the channel line, I think that it will not have enough resources to break through the resistance.
I expect the price to fall. This is a good time to open a sale.
SL - above the resistance line around 1,200.
TP - along the support line in the 1.175 area
------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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