#EURUSD 31 03 2021
As you remember, the price has been moving in a downward channel since January of this year. This movement began after the price stopped its growth in the resistance zone of 1.234. And after that she began to fall. Now the price is on the support line of the channel 1.171. It is important to note that in addition to this line, one of the main price levels also passes here. which gives the price strong support. Therefore, I expect the price to rise from this zone to the resistance line at 1.193.
As you remember, the price has been moving in a downward channel since January of this year. This movement began after the price stopped its growth in the resistance zone of 1.234. And after that she began to fall. Now the price is on the support line of the channel 1.171. It is important to note that in addition to this line, one of the main price levels also passes here. which gives the price strong support. Therefore, I expect the price to rise from this zone to the resistance line at 1.193.