General:
The pair is in a strong up trend on the daily chart, but there are some signals of weakness of the trend. as a very strong bearish candle , which means that a possible retracement can began.
Expected rate of the pair for 2n of January :119.4400
Support: 121.240; 119.440
Resistance: 124.150
On the weekly chart:
On the weekly chart the price couldn't pass the resistence level around 124.150, after that the price was pulled back.
On the daily chart:
On the daily chart i used fibonacci…
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