EURUSD keeps FALLING to support line

2 Feb 2021

Let me remind you that at the beginning of this week the price broke through the resistance line at 1.208 and continued to fall in a small resistance zone formed at the price lows since the beginning of December.
Thus, the price continued to move along the target that I had set.

During the fall, the price made a slight correction and touched the line again, which can be taken as a good fixation and the price's willingness to continue moving down.
Moreover, you can already see how the price continued to fall after the completion of the correction.

I expect the price to drop to the support line in the near future. The fall will be accompanied by other corrections of course. But eventually the price will come to our target - the 1.192 support line.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻