General:
As you can see from the weekly chart the pair is in a main downtrend, for this reason i expect a retracement to end and then the price will go down.
Expected rate of the pair for 1st of May: 16.228
Support: 15.231
Resistence: 17.137; 17.646; 18.440
On the weekly chart:
On the weekly chart i just pointed out some important resistence and support levels, and also the main downtrend line.
On the daily chart:
On the daily chart i draw the possible price action. Infact, i think, that the p…
As you can see from the weekly chart the pair is in a main downtrend, for this reason i expect a retracement to end and then the price will go down.
Expected rate of the pair for 1st of May: 16.228
Support: 15.231
Resistence: 17.137; 17.646; 18.440
On the weekly chart:
On the weekly chart i just pointed out some important resistence and support levels, and also the main downtrend line.
On the daily chart:
On the daily chart i draw the possible price action. Infact, i think, that the p…