EURUSD fall in several stages

٢٦ يناير ٢٠٢١

My previous forecast is in progress.

The price continues to move in the global growing channel (beginning - February 2020).
In early January, the price collapsed from the resistance at 1.233.
Then it broke through the resistance at 1.216.
Then it stuck on it in the process of correction.
After fixing at the resistance 1.218, the price started a new fall.
I expect the following steps:
The price will fall to the support zone of 1.202.
Then it will bounce off and fix on the zone.
After that, it will break through it and after the correction will come to support (the lower channel line).
Target -1.193.


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