EURAUD push away from resistance to support
The price continues to fall in a trend.
The basis of the trend: the support line and the resistance line of October 2020.
The trend is downtrend, but the support is strong enough to prevent a collapse.
A week ago, the price touched the support zone 1.562.
This is a strong zone at the intersection of two lines (trend and 2019).
After the touchdown, the price began to rise.
But in the end, I was unable to break through the resistance line 1.583 and got stuck on it.
After a short move along the resistance, I expect the price to fall.
She will come to support.
The target is 1.559.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
The basis of the trend: the support line and the resistance line of October 2020.
The trend is downtrend, but the support is strong enough to prevent a collapse.
A week ago, the price touched the support zone 1.562.
This is a strong zone at the intersection of two lines (trend and 2019).
After the touchdown, the price began to rise.
But in the end, I was unable to break through the resistance line 1.583 and got stuck on it.
After a short move along the resistance, I expect the price to fall.
She will come to support.
The target is 1.559.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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