EURUSD
The global picture for the eurodollar today is as follows - a false breakout of a strong support level was made - the lower border of the price channel and the price was returned back to the level.
Recently, the instrument has tested already in the long movement the resistance of 1.19 and a small bearish correction is being formed.
The instrument is in the moment in the long zone, which means that the movement will continue to the long-range resistance.
I think that after the end of the correction, the price will continue its growth along the global trend.
There are important levels ahead, which are of interest to major players.
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The global picture for the eurodollar today is as follows - a false breakout of a strong support level was made - the lower border of the price channel and the price was returned back to the level.
Recently, the instrument has tested already in the long movement the resistance of 1.19 and a small bearish correction is being formed.
The instrument is in the moment in the long zone, which means that the movement will continue to the long-range resistance.
I think that after the end of the correction, the price will continue its growth along the global trend.
There are important levels ahead, which are of interest to major players.
———————
