EURUSD update of long-term forecast - GROWTH

My previous predictions continue to come true. Let me remind you that at first the price rose to the resistance line at 1.198.

Then she pushed off her and began to fall again.

On Friday, we expected a fall and the price indeed, albeit with a correction, dropped towards support.

Today, at the start of a new week, I am updating the long-term forecast. The drop in price we have seen since the beginning of this year is part of the move in the global growth channel since February last year. Now, I expect the price to fall in a small downtrend channel to the 1.186 support line - the target we expected last week.

After that, it will rise to resistance 1.205, work out the correction and come to the resistance zone formed by the falling channel line and the senior resistance line since February 2020. Thus, my final target is the resistance zone 1.215.

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