The currency pair is trading in the support zone of the price channel .
The trend support is strong enough, the last three tests were rejected by the rebound.
Now, on retest, the price rolls back to the nearest resistance, upon breakdown of which and consolidation above this level of 1.1842, it activates purchases.
The key point to which the price can reach, if the trend does not break - resistance 1.217
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The trend support is strong enough, the last three tests were rejected by the rebound.
Now, on retest, the price rolls back to the nearest resistance, upon breakdown of which and consolidation above this level of 1.1842, it activates purchases.
The key point to which the price can reach, if the trend does not break - resistance 1.217
-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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🔻FREE Telegram channel🔻
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