We continue to expect the euro-dollar to fall from the strong resistance zone at 1.213. Let me remind you that from the beginning of the week the price tarted a new rise from the support line, and yesterday we expected it to rise to the resistance zone at the intersection of two 1.212 lines.
After that, to reach the resistance zone of 1.213.
And yesterday it turned around in the zone and started a small downward movement.
Now the price is still in the zone, and even made a small correction, however, I continue to forecast and believe that in the near future the price will break through the zone and fall to the 1.196 support line.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Are you ready?