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General:
The pair hit an important support level, around 112.200 , this is the 3rd time in a row. In this way it formed a possible triangle pattern on weekly chart.
Expected rate of the pair for 1st of December : 114.130
Support: 112.200
Resistance: 113.390; 114.680; 116.7400
On the weekly chart:
On the weekly chart i pointed out the possible triangle pattern. Also the important support level around 112.200
On the daily chart:
On the daily chart, the price should go up till meeting the trend li…
The pair hit an important support level, around 112.200 , this is the 3rd time in a row. In this way it formed a possible triangle pattern on weekly chart.
Expected rate of the pair for 1st of December : 114.130
Support: 112.200
Resistance: 113.390; 114.680; 116.7400
On the weekly chart:
On the weekly chart i pointed out the possible triangle pattern. Also the important support level around 112.200
On the daily chart:
On the daily chart, the price should go up till meeting the trend li…