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EURUSD moves in RESISTANCE zone. Next - FALLWe continue to observe the behavior of the price of this currency pair. And for the third day, it cannot leave the resistance zone 1.217, which it entered after a strong growth from the support level. Let me remind you that at this point, in addition to the zone itself, there is also a strong resistance line for August 2020. This price behavior may be related to economic news and new support injections into the US economy. However, even taking into account the information agenda, I doubt that the price will be able to rise. As well as yesterday, I expect that the price will leave the resistance zone and fall to the level of 1.202. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
23
EURUSD FALL after stopping at RESISTANCE zoneFirst, let me remind you how the price has moved since the end of last week. She has met the goals of my past predictions exactly and is now in the process of forming the final goal. After the price is breaking through the resistance zone 1.205, it touched the 1.195 support line. after which it showed a strong growth from this line. The next step, the price started a new rise from the support line, and yesterday we expected it to rise to the resistance zone at the intersection of two 1.212 lines. As you can see, the price has almost reached the resistance zone and I am extending my forecast. I expect that after touching the 1.212 zone, the price will begin to fall and, in the process of falling, will go down to the support zone in the area where the two lines are close. So my final target is the 1.197 support area Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
37