The eurodollar fell yesterday. For the first time since last Friday, the price showed such a strong movement and we can say that the market has decided on the direction. Let me remind you that after price came to the resistance zone at 1.213 on Friday, she was "stuck" in it.
We saw a slight pullback, after which the price returned to the zone.
Yesterday the price tried to break through the zone during a slight rally, but eventually reversed and collapsed in accordance with my forecast.
The price left the zone, broke through the resistance line 1.211 and continued to fall. So today I extend my yesterday's forecast and expect the price to fall to the 1.196 support line.
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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