The price of this currency pair has currently reached the support level on the H1 chart and at the same time is close to the short-term rising trend line. Currently, the price is testing both the trend line and the support. We expect a break below this support level and a subsequent decline down to the next support level where our Take Profit is placed.
The price of this currency pair has currently reached the support level on the H1 chart and at the same time is close to the short-term rising trend line. Currently, the price is testing both the trend line and the support. We expect a break below this support level and a subsequent decline down to the next support level where our Take Profit is placed.