EURUSD left channel/ Fall
The dollar has fluctuated in recent trading weeks.
However, now that Biden's victory in the elections is recognized in the United States and the process of transfer of power is unfolding, the price should stabilize.
The dollar will strengthen.
The price moves in a long-term upward trend, as well as in a smaller growing channel.
Yesterday the price broke through the lower channel line (support line) 1.227 and continued to fall.
In my opinion, the price will stop the fall at the support line.
The target is 1.216.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
However, now that Biden's victory in the elections is recognized in the United States and the process of transfer of power is unfolding, the price should stabilize.
The dollar will strengthen.
The price moves in a long-term upward trend, as well as in a smaller growing channel.
Yesterday the price broke through the lower channel line (support line) 1.227 and continued to fall.
In my opinion, the price will stop the fall at the support line.
The target is 1.216.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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