EURUSD breakdown historical strong level / Growth

3 gru 2020During the growth from the historical support line, from the point 1.162, the price rose to the support-resistance level 1.121.
This is a historically strong level.
There was only one chance (and several false breakouts) when the price broke through it.
However, now the price has support in the form of an equally strong historical line.
And the price will manage to break through the level.

I expect that the price will rise from the level to the resistance line (1.225), after which it will correct the movement and return back to the level.
Thus, the price will work out excellent consolidation.
And this will give her a new impetus to continue growing.
Therefore, I expect that from the level of 1.121 the price will eventually rise to the senior resistance line at 1.239.

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