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On top is the monthly chart.
For Analysis of 1st October, I predicted the price of 0.8758 but somehow price shoots up to 0.95281(High) closing at 0.93223 .still i am bearish to the pair ..no sign of proper reversal .Uploading filtered key demand and supply area for proper viewing.. the small support area is near 0.8790(blue line) which the pair hasn't tested yet.and 50% retracement level is at 0.85444..Too much "KANGAROO TAILS" are there .which are good indication that down trend will continu…
For Analysis of 1st October, I predicted the price of 0.8758 but somehow price shoots up to 0.95281(High) closing at 0.93223 .still i am bearish to the pair ..no sign of proper reversal .Uploading filtered key demand and supply area for proper viewing.. the small support area is near 0.8790(blue line) which the pair hasn't tested yet.and 50% retracement level is at 0.85444..Too much "KANGAROO TAILS" are there .which are good indication that down trend will continu…