General:
The price has met an important support level , around 0,7760 . In this way it formed a double bottom on th weekly chart.
Expected rate of the pair for 1st of December : 0,8149
Support: 0,78900 ( which is also a psychological level)
Resistance: 0,80360 , 0,80820 , 0,8149
On the weekly chart:
On the weekly chart the price has formed a double bottom pattern. There is also a possible weekly triangle pattern, as shown on the chart.
On the daily chart:
On the daily chart there is a possi…