General:
The pair seems to be in a weak up trend , and a possible triangle pattern is in action, as daily and weekly chart shows.
Expected rate of the pair for 2n of January : 0.8939
Resistance: 0.9000
On the weekly chart:
On the weekly chart i draw the possible triangle pattern and i think that there is an indecision in the market dor the future direction of the price.
On the daily chart:
On the dailcy chart there is a clear triangle pattern formed by the trend line and a very important resiste…
The pair seems to be in a weak up trend , and a possible triangle pattern is in action, as daily and weekly chart shows.
Expected rate of the pair for 2n of January : 0.8939
Resistance: 0.9000
On the weekly chart:
On the weekly chart i draw the possible triangle pattern and i think that there is an indecision in the market dor the future direction of the price.
On the daily chart:
On the dailcy chart there is a clear triangle pattern formed by the trend line and a very important resiste…