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General:
The pair reached an important resstence level, it's possible that a retracement will begin.
Expected rate of the pair for 2n of January : 98.700
Support: 98.700; 97.770; 96.130; 94.550
Resistance: 102.840
On the weekly chart:
On the weekly chart there is a very clear up trend. The price reached the resistence level around 102,840. From which, i think, the retracement will begin.
On the daily chart:
On the daily chart i used fibonacci retracements in order to individuate the possible tar…
The pair reached an important resstence level, it's possible that a retracement will begin.
Expected rate of the pair for 2n of January : 98.700
Support: 98.700; 97.770; 96.130; 94.550
Resistance: 102.840
On the weekly chart:
On the weekly chart there is a very clear up trend. The price reached the resistence level around 102,840. From which, i think, the retracement will begin.
On the daily chart:
On the daily chart i used fibonacci retracements in order to individuate the possible tar…