General:
The pair is in a strong up trend, but the price formed a double top in a potential reversal zone, around 11.3813. Which is also an important resistance level.
Expected rate of the pair for 1st of December : 10.5272
Support: 10.9535; 10.78300; 10.66220; 10.5272
Resistance: 11.3813
On the weekly chart:
On the weekly chart i pointed out the up trend tunnel, which was valid for the last retracement, but after the price reached the 11.3813 level it may be not valid any more, and i think the …
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