General:
The pair is in a general downtrend. The last down move started in november 2014. Now, as you can see from the daily chart we have a dayli retracement.
Expected rate of the pair for 1st of May: 0.7550
Support: 0,7060
Resistence: 0.7760
On the weekly chart:
On the weekly chart i pointed out the two important support and resistence levels, which, i think are very important for the pair. For the strong support level , i used fibonaci retracements . I also think that the retracement will c…
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