At the moment, we are seeing on the chart that the pair was able to consolidate below 1.1450 and 1.14 and reached the 1.1305 level. It is from this mark that we observe the beginning of the correction for the pair.
Given the continuous decline and updating of local minima, we believe that the corrective movement may send the price to the marks of 1.14 and 1.1450.
Our technical indicators currently indicate the purchase. The Stochastic is pointing up, and the MACD histogram is in the positive zone.
Therefore, we advise to look for points to enter long positions and to consider the aforementioned levels as your goals.
Given the continuous decline and updating of local minima, we believe that the corrective movement may send the price to the marks of 1.14 and 1.1450.
Our technical indicators currently indicate the purchase. The Stochastic is pointing up, and the MACD histogram is in the positive zone.
Therefore, we advise to look for points to enter long positions and to consider the aforementioned levels as your goals.