General:
In the last moth the price moved very quickly up after hitting the support level around 0.94304. A possible retracement is expected.
Expected rate of the pair for 2nd of March: 1.0069
Support: 0.9697; 0.9430
Resistence: 0,9921; 1.0069
On the weekly chart:
On the weekly chart i pointed out the support level i was talking about. As you can see the price is also near to a weekly resistence level, this is why a retracement is expected.
On the daily chart:
On the daily chart i pointed ou…
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