Hello traders,
If prices fail to comply with 1,8760, the 1,8600 and 1,8410 are able to offer intermediate stops in their descent into the new low of close to 1,8120. On the contrary, the confluence area of 19285-1.9305 can continue to limit the pair's short-term progress, breaking what the buyers could please the 1.9460 before they challenge it with a resistance...
Hello traders,
Ascending trend resistance break off failure triggering the structure reversal. In a daily time-frame, the pair having a good chance for a reversal from the current trend this reversal attempt could highlight the 0.72936 as a confirmation for the trend decline. The continuous decline after 0.72936 might tend an Impulse towards the south the 0.71342...