General:
The pair is in a main downtrend as you can see from the weekly chart, but it's near a very important support level.
Expected rate of the pair for 1st of April: 5.9595
Support: 5.9595; 6.0731
Resistence: 6.3580
On the weekly chart:
On the weekly chart i just pointed out the main downtrend and the big down movement of the price til the support level.
On the daily chart:
On the daily chart i used the fibonacci retracement in order to individuate the possible price retracement, but after …
Read full story
Translate to English Show original