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General:
The pair is characterized by a main up trend, but after the price hit an important resistence level, around 14.1605, i expect a retracement on the daily chart.
Expected rate of the pair for 1st of December : 13.600
Support: 13.2700; 13.600; 13.0246
Resistance: 14.1605
On the weekly chart:
On the weekly chart there is a main up trend. I pointed out that the price hit the resistence level around 14.1605. Forming in that way a possible double top pattern and a future retracement.
On th…
The pair is characterized by a main up trend, but after the price hit an important resistence level, around 14.1605, i expect a retracement on the daily chart.
Expected rate of the pair for 1st of December : 13.600
Support: 13.2700; 13.600; 13.0246
Resistance: 14.1605
On the weekly chart:
On the weekly chart there is a main up trend. I pointed out that the price hit the resistence level around 14.1605. Forming in that way a possible double top pattern and a future retracement.
On th…