Check the eurusd chart in daily time
Hi everyone
I hope you are well
After the price could not break the resistance of 1.2220 it started to fall and fell to 1.1780. Here we see that the price was well supported and could not go down. If the candlestick closes today and covers the previous day's candlestick, we can hope that the price will rise and the uptrend scenario, but if this candlestick is broken tomorrow and the existing support is broken, the price will probably move to 1.1630.
I hope you are well
After the price could not break the resistance of 1.2220 it started to fall and fell to 1.1780. Here we see that the price was well supported and could not go down. If the candlestick closes today and covers the previous day's candlestick, we can hope that the price will rise and the uptrend scenario, but if this candlestick is broken tomorrow and the existing support is broken, the price will probably move to 1.1630.
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