EURUSD: will the price be able to break the trend?

2021年4月8日

In the process of falling in the trend, which began at the beginning of this year from the resistance point of 1.234, the price bounced off the support trendline at 1.170. After that, it showed strong growth and is now not far from the trend border. We can expect that the price will break the local resistance line and grow to the resistance point 1.191. This is where the trend line and the March 2020 uptrend line intersect. After that, the price will drop again to support 1.159.
SL - 1.199.

Remember, there is no place for luck in trading - only strategy!
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