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General:
The pair formed a double top pattern in 1W chart. After being in an uptrend from 2012. The pair presents medium volatility.
Expected rate of the pair for 1st of December : 85.4900
Support: 84.000;
Resistance: 86.160; 87.360; 89.000; 89.700
On the weekly chart:
On the weekly chart the price formed a possible double top pattern ( around 89.330) . Also the price couldn't broke the support level, around 84.000 which is also a psychological level.
On the daily chart:
On the daily chart m…
The pair formed a double top pattern in 1W chart. After being in an uptrend from 2012. The pair presents medium volatility.
Expected rate of the pair for 1st of December : 85.4900
Support: 84.000;
Resistance: 86.160; 87.360; 89.000; 89.700
On the weekly chart:
On the weekly chart the price formed a possible double top pattern ( around 89.330) . Also the price couldn't broke the support level, around 84.000 which is also a psychological level.
On the daily chart:
On the daily chart m…