General:
The pair is in a slow up trend, but the price is moving in a tunel, for this reason aetracement is expected.
Expected rate of the pair for 2nd of March: 2.0063
Support: 1.9745; 2.0063; 2.0454
Resistence: 2.1024
On the weekly chart:
On the weekly chart, as you can see, i draw the tunnel in which the price is moving.
On the daily chart:
On the daily chart i draw the possible retracement.
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