EURUSD fix on RESISTANCE line. Next - FALL

Jan 20, 2021

Since the beginning of this trading week, price has consistently met our targets.
First, after breaking through the resistance line at 1.215, the price started falling. Then it stopped and turned around in order to work out the correction and consolidate on the line.

Yesterday it completed the correctional movement, came to the resistance line 1.216 again and thus fixed on it.

As you remember, this movement is the first part of my forecast from the beginning of the week. And after the pullback and fixation, I expect the price to bounce off the line and continue to fall. During this fall, the price will come to the 1.193 support line. This is our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻