#EURUSD 26 03 2021 However, in early January, the price came to the resistance line - the upper border of the channel - 1.234, after which the decline began. During this fall, the price formed a downward channel. And as a result, falling in this channel, it was able to break through the resistance line 1.197 - the lower border of the ascending channel. This is an important breakout, since after it the price did not correct, but continued to fall, thereby leaving the ascending channel and changing the trend. After that, it dropped to the 1.184 support line, rose to the upper border of the channel, but fell again. Now the price is at the support line at point 1.176, and a strong level is immediately passed. I expect the price to start rising from this zone and come to the resistance line at 1.195. This will be our goal.