In mid-February, the price was able to break through the strong resistance line that was formed in April 2020. The price broke through it at point 1.292, after which it rallied, touched the local resistance and returned behind the line. This happened at the beginning of today's trading session.
Thus, the price returned to the uptrend. And now she keeps falling. So I expect the price to move down to the lower trend line, the 1.382 support line during this fall.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Thus, the price returned to the uptrend. And now she keeps falling. So I expect the price to move down to the lower trend line, the 1.382 support line during this fall.
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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