General:
The pair is in a main up trend, but a possible double top may be in action, and as you can see from the daily chart a trendline of the past months has bee broken.
Expected rate of the pair for 1st of May: 116, 960
Support: 116.159
Resistence: 121.960, 124.084
On the weekly chart:
On the weekly chart i just pointed out the main up trend and the most important trendline of this trend, and some resistence level.
On the daily chart:
On the daily chart i pointed out the main up trend, but…
The pair is in a main up trend, but a possible double top may be in action, and as you can see from the daily chart a trendline of the past months has bee broken.
Expected rate of the pair for 1st of May: 116, 960
Support: 116.159
Resistence: 121.960, 124.084
On the weekly chart:
On the weekly chart i just pointed out the main up trend and the most important trendline of this trend, and some resistence level.
On the daily chart:
On the daily chart i pointed out the main up trend, but…