歐元 / 美元
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EURUSD falling from resistance

819
I am extending my forecast from the beginning of the week.
In my opinion, the price will fall.
25.01
EURUSD fall between strong levels

26.01
EURUSD fall in several stages

There are several prerequisites for the fall:
First, the price has broken the line. resistance at 1.216 (March 2020).
Secondly, the price consolidated on the line at position 1.219.
Thirdly, this movement takes place inside a growing channel (the price falls from the upper channel line).
I expect that after the breakdown of the resistance at 1.216 and consolidation on this line, the price will continue to fall.
It will drop to support (2019 strong line).
The target is 1.203.

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