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DOLLAR continuation of GROWTH and return to channelYesterday the price bounced off the support line 90.05 and started a new strong growth. Now it is at the resistance line 90.83. The price has retraced slightly from the line, and nevertheless, I expect it to break through the resistance at 90.88. After that, it will continue to grow in the channel, break through the resistance line at 91.42 and rise to the border of the channel - the resistance line at 91.81. This will be our goal. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
TVC:DXYLong
by Lingrid
5
EURGBP GROWTH and return to resistance levelIn February of this year, during the fall, the price came to the historically strong resistance level of 0.869. And she was able to pierce it. The last breakdown of this call took place in March 2020 during the price rise. After this important breakout, the price continued to fall and eventually came to a strong support zone at the point of intersection of the level, the support line of September 2020 and August 2017. The price bounced off the 0.848 support and was able to touch the 0.869 resistance level again, but failed to break it. It bounced back and dropped to support May 2020 - 0.859. And now I expect the price to bounce back and touch the level again. Thus, my final target is the resistance level of 0.869. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Long
by Lingrid
11