General:
After the massive move down of the pair, the price is returning up again, and a possible down retracement is possible, but i think that the price will go again up.
Expected rate of the pair for 1st of May: 0.7544
Support:
Resistence: 0,7956
On the weekly chart:
On the weekly chart i pointed out the main downtrend and some important trendlines which may affect the price movement.
On the daily chart:
On the daily chart i used fibonacci retracement. and an important trendline in order t…
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