EUR/USD
#EUR/USD#
In the past yesterday's forecast I said that the price will reverse from the resistance line and begin to fall. At the moment, this is the case. However, I want to update the forecast target. Last time we expected the price to come to the support line - the lower channel line. Now I'm saying that the price will fall to the nearest support line - the strong line of 2019. Two strong lines (one resistance - from August 2019, the second support - from September 2019) form an old upward channel. Now the price is at the intersection of these two channels. And I expect it to come out of one and start moving in the other. The target is the nearest support line at 1.174.
Edited 10 Nov 2020, 16:57
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