EURUSD FALL to support zone

13. Jan. 2021

Fine! The price has come to the resistance level 1.221! Thus, having fulfilled the goal that we talked about yesterday.
But let's remember how the price has moved since the beginning of the week.

First, it collapsed, breaking through the resistance zone at the intersection of the level and the channel line.

Then it dropped even lower from the level and finally came to the support zone of 1.215.

And already yesterday the price bounced off the lower border of the 1.213 zone and rose.

Now the price is at the resistance level 1.221. But we can see that she already pushed him off and showed a slight downward movement. Everything suggests that the price will fall from the level.

I expect the price to cross the 1.214 support zone and line during the fall.

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