Our pair was able to find a new level of resistance at 1,1545 mark after which it turned up. Although we can assume that this movement is corrective.
To date, most of our technical indicators point to a sale. We believe that the price will rush down after testing the level of 1.16 from which we expect a reversal. Therefore, we advise you to look for points for entry to short positions from this level. In case of breaking this mark, it is possible to move to the level of 1.1680.
To date, most of our technical indicators point to a sale. We believe that the price will rush down after testing the level of 1.16 from which we expect a reversal. Therefore, we advise you to look for points for entry to short positions from this level. In case of breaking this mark, it is possible to move to the level of 1.1680.