Now the instrument is trading in the area of 0.9000 - 0.9500.
If the price rallies and breaks the resistance line at 0.9985, we can expect an upside rally to the next resistance at 1.1892.
It is in this area that I will look for buying opportunities.
There is an alternative option.
If the price breaks the support line at 0.8691, we might see the price fall to the next support level in the area of 0.7799.
If the price rallies and breaks the resistance line at 0.9985, we can expect an upside rally to the next resistance at 1.1892.
It is in this area that I will look for buying opportunities.
There is an alternative option.
If the price breaks the support line at 0.8691, we might see the price fall to the next support level in the area of 0.7799.