EURUSD continues to fall to support zone

٢ نوفمبر ٢٠٢٠

The price of EURUSD has been falling steadily since October 20.
I want to remind you of my predictions for this time (all came true):
23 October

27 October

28 October

29 October

Last time I also analyzed price movement algorithms so that you better understand what principles EURUSD moves.

Now we see that the price has broken through the resistance line and continues to fall.
Below on its way two support lines meet. One of these support lines has been around since 2008!

Therefore, I expect the price drop to continue right up to this support zone.
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