At the moment, the price of the pair is standing still and I am extending my previous forecast. Let me remind you that after the price fell from a strong resistance zone, it stopped at the support level of 1.202.
From this position yesterday, I expected a fall to the support of 1.196 and after that a new growth began.
I am extending my forecast and also expect the price to rise from the lower border of the channel to the upper one. Thus, my final target is the resistance line at 1.262.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
From this position yesterday, I expected a fall to the support of 1.196 and after that a new growth began.
I am extending my forecast and also expect the price to rise from the lower border of the channel to the upper one. Thus, my final target is the resistance line at 1.262.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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