As of February14, 2014 (22:00 GMT) the pair is at 1.6747 in the formative stage of the
uptrend. Breaking the resistance level figures Flag (timeframe Weekly) the pair willcontinue its upward trend.
The most likely scenario: To complete the ascending trend,the pair necessary growth to the levels of 1.7280 – 1.7330, after which the price will
turn around and go down to the purpose of correction to the level of 1.6360.
Possibly by inertia pair can continue to fall and the level of 1.5880, thus
com…
uptrend. Breaking the resistance level figures Flag (timeframe Weekly) the pair willcontinue its upward trend.
The most likely scenario: To complete the ascending trend,the pair necessary growth to the levels of 1.7280 – 1.7330, after which the price will
turn around and go down to the purpose of correction to the level of 1.6360.
Possibly by inertia pair can continue to fall and the level of 1.5880, thus
com…