Euro / Dollar AS
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Lingrid | EURUSD potential SHOR from KEY Resistance ZONE

1374
The price perfectly fulfilled my last idea. It reaced the target zone. EURUSD is moving toward the resistance zone; however, the overall trend remains bearish on the higher timeframes. There is a possibility that the market might move down if it rejects psychological resistance zone at 1.05000 and the upper border of the channel. The market bounced off this level multiple times before, showing its significance as a key resistance. I expect that the market to initially push above the previous resistance zone, then followed bearish move from the trendline, channel bordre and key zone. My target is support zone around 1.03300


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

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