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General:
The pair, after a period of an uptrend is now in a period of indecision. The pair presents also a nice volatility level.
Expected rate of the pair for 2n of January : 1.7877
Support: 1.8366; 1.7816
On the weekly chart:
On the weekly chart a possible triangle pattern is forming
On the daily chart:
On the daily chart i draw a tunnel which i think the price will follow and also some important support levels which may effect the price's movement.
The pair, after a period of an uptrend is now in a period of indecision. The pair presents also a nice volatility level.
Expected rate of the pair for 2n of January : 1.7877
Support: 1.8366; 1.7816
On the weekly chart:
On the weekly chart a possible triangle pattern is forming
On the daily chart:
On the daily chart i draw a tunnel which i think the price will follow and also some important support levels which may effect the price's movement.