UnknownUnicorn15614419

EURUSD: repeating periods of movement as a sign of falling

Short
FOREXCOM:EURUSD   Euro / US-Dollar
In November, the price broke through the price level of 1.196 and rose to the maximum level of 1.232. In the process of growth, periods of growth and decline noticeably alternated (strong movements with a large number of transactions). From the level of 1.232 at the beginning of the year, the price began to fall. And after exactly the same obvious collapses and corrections, the price dropped back to the initial growth rate of 1.196. And from this point, the price began a new rise. It has already broken through the intermediate level 1.207 and is ready to rise to the point 1.215 after which it will most likely fall back to the level of 1.196.

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