General:
As you can see from the weekly chart the pair is in a main up trend, but after the fast move the price is traying to return in a "normal" state. For this reason i think that it will go down.
Expected rate of the pair for 1st of April: 116.847
Support: 114.737; 118.620; 124.407
Resistence:
On the weekly chart:
On the weekly chart i just pointed out the main uptrend
On the daily chart:
On the daily chart i draw the possible move of the price for the reasons i described
As you can see from the weekly chart the pair is in a main up trend, but after the fast move the price is traying to return in a "normal" state. For this reason i think that it will go down.
Expected rate of the pair for 1st of April: 116.847
Support: 114.737; 118.620; 124.407
Resistence:
On the weekly chart:
On the weekly chart i just pointed out the main uptrend
On the daily chart:
On the daily chart i draw the possible move of the price for the reasons i described