General:
The pair is in a main up trend from 2013. After a year of retracement the price broke the "flag" pattern and in 2 last weeks it almost reached an important resistence level. From which i expect a retracement
Expected rate of the pair for 2nd of March: 1.8399
Support: 1.85683; 1.7561
Resistence: 1.9088
On the weekly chart:
On the weekly chart i pointed out the flag pattern and also the resistence level i was talking about.
On the daily chart:
On the daily chart , as you can see, i draw …
The pair is in a main up trend from 2013. After a year of retracement the price broke the "flag" pattern and in 2 last weeks it almost reached an important resistence level. From which i expect a retracement
Expected rate of the pair for 2nd of March: 1.8399
Support: 1.85683; 1.7561
Resistence: 1.9088
On the weekly chart:
On the weekly chart i pointed out the flag pattern and also the resistence level i was talking about.
On the daily chart:
On the daily chart , as you can see, i draw …