As I expected in my previous forecast, the price reached the resistance line and even broke it.
However, the movement was very strong and sharp, which indicates the interest of traders in this pair. Now the price has dropped back to the support line. This is a support line formed in March 2020 so I I expect that in the near future she will touch and push off from her.
Thus, the price will come to the resistance line 1.316.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.