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General:
During the december of this week the price reached the previous high, which was also an important resistence level.
For this reason now we see a big retracement of the pair.
Expected rate of the pair for 2nd of March: 125.115
Support: 128.022; 132.342; 125.115
Resistence: 134.610; 137.639
On the weekly chart:
On the weekly chart as you can see the price break the support level, for this reason i think that the main retracement will continue.
On the daily chart:
On the daily chart i…
During the december of this week the price reached the previous high, which was also an important resistence level.
For this reason now we see a big retracement of the pair.
Expected rate of the pair for 2nd of March: 125.115
Support: 128.022; 132.342; 125.115
Resistence: 134.610; 137.639
On the weekly chart:
On the weekly chart as you can see the price break the support level, for this reason i think that the main retracement will continue.
On the daily chart:
On the daily chart i…