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General:
The pair is characterized by a great indecision on the daily chart. Maybe because the price has meet the down trend line where there is a potential reversal zone.
Expected rate of the pair for 1st of December : 1.5534
Support: 1.5829; 1.5534
Resistance: 1.6198
On the weekly chart:
On the weekly chart the price is moving in a down trend tunnel, as shown on the chart. There is some indecision around 1.6198 level.
On the daily chart:
On the daily chart i pointed out some resistence and su…
The pair is characterized by a great indecision on the daily chart. Maybe because the price has meet the down trend line where there is a potential reversal zone.
Expected rate of the pair for 1st of December : 1.5534
Support: 1.5829; 1.5534
Resistance: 1.6198
On the weekly chart:
On the weekly chart the price is moving in a down trend tunnel, as shown on the chart. There is some indecision around 1.6198 level.
On the daily chart:
On the daily chart i pointed out some resistence and su…