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General:
The pair is in a main downtrend, after a retracement ( thank to a FED conference), the price is moving down.
Expected rate of the pair for 1st of May: 1.4330
Support: 1.4842; 1.4635; 1.4220
Resistence:
On the weekly chart:
On the weekly chart i pointed out the main downtre, and some important support levels.
On the daily chart:
On the daily chart i pointed out the possible price action for the 1st of may. I also used the previous trend line, which , i think, may affect the down move …
The pair is in a main downtrend, after a retracement ( thank to a FED conference), the price is moving down.
Expected rate of the pair for 1st of May: 1.4330
Support: 1.4842; 1.4635; 1.4220
Resistence:
On the weekly chart:
On the weekly chart i pointed out the main downtre, and some important support levels.
On the daily chart:
On the daily chart i pointed out the possible price action for the 1st of may. I also used the previous trend line, which , i think, may affect the down move …