EURUSD breaks the support level

15 בפבר׳ 2021

Moving in a global upward trend since 2019, the price touched its lower line (support) 1.195 in February.

Then it rose and fell into a small falling channel.
Last week the price came to the upper channel line (resistance) of 1.214.
During the week, the price moves within this line.
Additional resistance is the November 2020 line.
I expect the price to be:
a) will break through the support level 1.205.
b) falls to the lower line of the channel.
The target is 1.202.

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