Use this as a guide to develop your view of the chart.
Main items we can see:
a) The price has broken the descending trendline
b) Currently, we can see the price outside the previous descending trendline making a clear correction
c) If the price does not break the support zone, we expect a continuation of the bullish movement towards the next Target
d) We think that if the price goes above 1.056, the bullish movement will be confirmed
Weekly Chart:
Main items we can see:
a) The price has broken the descending trendline
b) Currently, we can see the price outside the previous descending trendline making a clear correction
c) If the price does not break the support zone, we expect a continuation of the bullish movement towards the next Target
d) We think that if the price goes above 1.056, the bullish movement will be confirmed
Weekly Chart:
