General:
The pair is in a general downtre, but it seems that hte price is moving in a long term triangle pattern. for this reason i think that the price will go up to the trendline.
Expected rate of the pair for 1st of May: 1243.3480
Support: 1143.592; 1186.360
Resistence: 1247.333
On the weekly chart:
On the weekly chart i pointed out the main downtrend and some important support and resistence levels.
On the daily chart:
On the daily chart i used fibonacci retracement in order to find the po…
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