Lingrid

EURUSD return to channel and continuation of FALL

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FOREXCOM:EURUSD   ユーロ/米ドル
At the end of April, the price bounced off the January 2021 resistance line at 1.210. After that, the price fell to the resistance line of September 2020 at the point 1.201. Thus, the price returned to the ascending channel, which was also formed in September last year. Now the price is at the resistance line and I expect it to continue falling in the channel. Thus, my final target is the support line at 1.183.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻

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