The price is building the head and shoulders pattern.
We can also see that the currency had rejected the 4.38 area. The price is also bouncing off the 23.6% fibo.
I expect the price to reach the 2.80 to 2.90 zone. But also keep an eye on the 50% fibonacci.
We can also see that the currency had rejected the 4.38 area. The price is also bouncing off the 23.6% fibo.
I expect the price to reach the 2.80 to 2.90 zone. But also keep an eye on the 50% fibonacci.