Our pair was fixed under the level of 1.2860 and currently remains under it. Despite the weakening of the reserve currency, we believe that the downward movement will continue and reach the levels of 1.2800 and 1.2745.
The price is in the lower range of the Bollinger bands and is directed downward, so we recommend looking for points to enter short positions. If the price returns above the mark of 1.2860, we consider a reversal option with the levels of 1.2930 and 1.2970
The price is in the lower range of the Bollinger bands and is directed downward, so we recommend looking for points to enter short positions. If the price returns above the mark of 1.2860, we consider a reversal option with the levels of 1.2930 and 1.2970