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General:
The pair is in a main long term downtrend from 2007, with the last high at the beggining of 2014.
I think that the down trend will continue.
Expected rate of the pair for 2nd of March: 8.3030
Support: 8.1940; 8.4114
Resistence: 9.056
On the weekly chart:
On the weekly chart i pointed out the main downtrend and some important resistence and support levels
On the daily chart:
On the daily chart i desided to follow the trend but keep in account various support levels that may affect the …
The pair is in a main long term downtrend from 2007, with the last high at the beggining of 2014.
I think that the down trend will continue.
Expected rate of the pair for 2nd of March: 8.3030
Support: 8.1940; 8.4114
Resistence: 9.056
On the weekly chart:
On the weekly chart i pointed out the main downtrend and some important resistence and support levels
On the daily chart:
On the daily chart i desided to follow the trend but keep in account various support levels that may affect the …