In my long-term forecast, I said that the price is heading towards resistance. Then we moved to the near term and predicted an increase to local resistance, and then a fall. The price really rose to the resistance of 1.192 and is standing at this line. After bouncing from the 1.173 support, the price rose to the resistance at 1.192. She has been standing at this line for the last 24 hours. However, this is a strong trendline for January 2021. I expect the price to fall towards support. The target is 1.177.
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