DeGRAM

EURUSD Grow / Return to the channel

Long
FX:EURUSD   Euro / US-Dollar
The price fulfilled the goal of my previous one-to-one forecast.
After the break of the resistance line (the lower line of the rising channel) 1.225, the price fell to a strong support line 1.216.
The first touch of the line happened in July 2019.
In my opinion, the price will not be able to break through this line but will start a new growth.
I expect the price to be:
- will rise to the resistance line 1.230
- will roll back, break through the line and consolidate on it (about 1.235)
- Will grow to the line of resistance.
The goal is 1.244.

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