As the price is trading at its all time low and started consolidating in the same range from 1.1904 to 1.1414. There is no strong signal of trend reversal as the price is hovering in the same range, It is not forming any particular pattern. If the price breaches the resistance level at 1.1904 then there is chances that it will come in up trend.
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Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat