EURUSD continues growth from support line

2020年12月24日

My past predictions continue to come true.

Let me remind you that the EURUSD pair is characterized by wave movement.
I gave detailed examples on the senior and junior TF in my last forecast.

Now the price is in the process of forming the third growth wave.
This wave will also be a continuation of the movement in the growing channel, which the price started in 2019.
The price growth is directed by two senior support and resistance lines, as well as local support lines.

Now the price is on the line and support 1.215.
She has already pushed off the line and began to grow.
I expect the price to be:
a) will adjust to the support line and fix on it.
b) will start a new rise to the resistance line (the upper border of the ascending channel).
The target is 1.239.

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