General:
The pair is in a general downtrend, for this reason , i think, that after the retracement, the price will go down.
Expected rate of the pair for 1st of May: 1.0322
Support: 1.0322
Resistence: 1.1050
On the weekly chart:
On the weekly chart i pointed out some important support and resistence levels. As you can see , on the weekly chart, the price, during the down move, had a little up tunnel which, at the end, resulted in the continuation of the down move. I think the same will happen …
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