In light of the latest news, the dollar is strengthening.
Thus, the currency pair falls in price.
I have drawn strong support lines, in the area of which the price is at the moment.
We have broken through two intersecting levels,
I expect a rollback to them and further downward movement to a strong support of 1.176. Also, if you look closely, something similar to the head and shoulders pattern is formed above the strong support.
Pay attention to the global picture and it can be seen that now the price is approaching strong support of the price channel , what will happen next, no one knows yet.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Thus, the currency pair falls in price.
I have drawn strong support lines, in the area of which the price is at the moment.
We have broken through two intersecting levels,
I expect a rollback to them and further downward movement to a strong support of 1.176. Also, if you look closely, something similar to the head and shoulders pattern is formed above the strong support.
Pay attention to the global picture and it can be seen that now the price is approaching strong support of the price channel , what will happen next, no one knows yet.
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex