DXY Bearish Reversal in Play: Eyeing 97.596 Target After ResistaPotential Head and Shoulders or Double Top Formation:
The blue curved line and the shaded “SUPPORT” zone at the top suggest a reversal pattern.
The large blue arrow indicates a bearish projection after failing to break the resistance zone (~99.200).
📊 Key Indicators:
EMAs (Exponential Moving Averages):
50 EMA (Red): 98.727
200 EMA (Blue): 98.659
Price is currently above both EMAs, which typically signals bullish momentum in the short term, but the drawn pattern suggests a pending reversal.
RSI (Relative Strength Index):
Current values: ~53.43 (RSI), ~47.67 (Signal line)
RSI is near the midpoint (50), indicating no strong momentum in either direction yet, but possibly setting up for a decline if it moves below 50.
🟪 Resistance Zone:
Highlighted in purple: ~99.100–99.250.
The price has tested this area and failed to break it, indicating strong selling pressure.
🔻 Bearish Outlook:
The large blue arrow suggests a drop toward the "CONFIRM TARGET POINT" at 97.596.
Breakdown below the black horizontal support line would confirm the bearish move.
📉 Conclusion:
This chart analysis suggests a bearish reversal is likely, supported by:
A resistance rejection at ~99.2
Formation of a reversal pattern
EMA convergence (potential crossover if trend continues)
Neutral RSI with a potential bearish divergence
⚠️ Watch For:
Confirmation with a break below 98.400 and especially the support line at ~97.596.
RSI dropping below 50.
EMA crossover (50 EMA crossing below 200 EMA) would strengthen the bearish case.
Chatpatterns
BTC/USD 1H Analysis – Critical Decision Zone AheadCurrent Price: $102,288.72
50 EMA (Red): $103,213.93 – Acting as dynamic resistance
200 EMA (Blue): $104,617.65 – Stronger resistance zone
Support Zone (Blue Rectangle): Around $101,000
Previous Drop: ~9.5%
Projected Move Range: ~9.9%
📌 Key Levels:
Resistance Zone: $103,200–$104,600 (former support turned resistance)
Support Zone: $99,248 (labeled as "CONFIRM TARGET POINT")
Upside Target: $109,154 (if breakout occurs above EMAs and supply zone)
Downside Target: $99,248 (if price rejects supply and breaks local support)
🔄 Scenarios:
🔼 Bullish Case:
If BTC breaks above the supply zone and holds above the 200 EMA:
✅ Target: $109,154
RSI needs to break above 50 to support this move
🔽 Bearish Case (More Likely Based on Current Structure):
If BTC fails to reclaim $104K zone and gets rejected:
📉 Target: $99,248
EMA cross & RSI < 50 supports further downside
📊 RSI Analysis (14-period):
RSI: 42.95 (Bearish bias)
RSI Moving Average: 45.13
Suggests weak buying pressure and possible further decline
🧠 Conclusion:
Bitcoin is currently in a bearish consolidation beneath key EMAs. The highlighted resistance zone (previous support) is critical. A rejection from this level favors a move toward $99,248, while a break and hold above it may signal a bullish reversal toward $109K.
📌 Watch for reaction at the $103K–$104.6K zone
ETH/USD Technical Analysis📉 ETH/USD Technical Analysis
📅 Published: June 19, 2025
🔍 Platform: TradingView | Analyst: MQL_CodedPips
🔹 Market Context:
The market structure shows a clear shift from bullish to bearish momentum after rejecting a key resistance area. The price action is now consolidating below the Ichimoku Cloud — a signal of weakness and potential continuation to the downside.
🔸 Key Technical Highlights:
Rejection from Resistance:
Price formed a clear top with a long upper wick, confirming seller dominance.
Marked rejection aligns with a previous high and overbought condition.
Bearish Ichimoku Setup:
Price is trading below the Kumo Cloud, indicating bearish sentiment.
Bearish Tenkan-Kijun crossover occurred earlier, reinforcing downside pressure.
Support Zone Reaction:
A strong bounce was seen from the marked support zone, showing short-term buyer interest.
However, price has failed to reclaim above the cloud, suggesting limited bullish strength.
Volume Profile Indication:
High volume node on the left suggests strong historical activity in that zone, but failure to hold could result in a sharp move down.
Forecast Path (Illustrated):
The chart projects a potential bearish move, targeting a retest of the support zone.
If that zone fails, a breakdown toward the $2,450–$2,425 area becomes likely.
🧭 Conclusion:
ETH/USD is showing signs of distribution after a failed breakout, now leaning bearish under key technical indicators. A confirmed breakdown below the support zone would validate the short-term bearish scenario.
Outlook:
🔻 Bearish bias while price remains below the Kumo Cloud.
📌 Watch for price action at support zone for either a bounce or breakdown.
XAU/USD) 3H Analysis – Bearish Breakdown Toward $3,244 Support!Price at analysis: $3,340.99
Indicators:
EMA 50 (Red): $3,375.05
EMA 200 (Blue): $3,340.54
RSI (14): 31.10 (approaching oversold zone)
🔺 Key Resistance Zone:
Price consistently rejected at the upper blue trendline (highlighted by red arrows).
Double top pattern visible, with strong rejections from ~3,420–3,450 range.
Horizontal resistance area (green box) was tested multiple times without breakout.
🔻 Bearish Signals:
Price broke below EMA 50, retested, and failed to reclaim.
Currently sitting right around the EMA 200, acting as last dynamic support.
Breakdown below EMA 200 would signal strong bearish continuation.
RSI at 31.10, nearing oversold – however, no bullish divergence present yet.
🎯 Target Zone:
Bearish move could aim for support zone around $3,243.73, as shown in the purple box.
This target aligns with historical consolidation zone and is marked as “target point” on chart.
🔄 Scenario Outlook:
🔵 Bearish Case (more likely):
Breakdown confirmed ➡️ Sell rallies toward 3,375 with SL above 3,400.
TP: 3,244 support zone.
🟢 Bullish Case:
Only valid if price reclaims above 3,375–3,400 resistance.
Would invalidate short-term bearish outlook.
🧠 Trader's Tip:
Watch for volume confirmation on breakdown.
Monitor RSI closely—oversold bounce possible, but trend still weak unless 3,375+ reclaimed.
📉 Conclusion: Bearish structure emerging. A confirmed breakdown below 200 EMA supports short setups toward the 3,243 zone. Risk management is key—price action near 3,340 will determine next leg.
GBPUSD Trade Setup – Entry at 1.34708 with Target at 1.27735Entry Point: ~1.34708
Stop Loss Zone: ~1.35734 (roughly 100 pips above entry)
Target Points:
EA Target Point One: 1.31769
EA Final Target Point: 1.27735
---
Technical Observations:
1. Price Action:
The price is consolidating below the 1.34708 resistance level.
Multiple failed attempts to break above suggest selling pressure around this zone.
2. Moving Averages:
Two MAs (possibly 50 EMA and 200 EMA) show a recent crossover, potentially indicating a shift in momentum.
3. Bearish Bias:
Based on the annotated targets, the trader anticipates a reversal from the current level.
A drop to 1.27735 represents a 5.09% move from the entry point.
4. Risk-Reward Ratio:
Risk (Entry to Stop Loss): ~100 pips
Reward (Entry to Final TP): ~700+ pips
Risk-reward is highly favorable (~1:7)
Confluence & Support Zones:
1.31769: Previously tested support/resistance level – a logical intermediate target
1.27735: Historical support zone from early March – final bearish target.
Summary:
This setup is a swing short trade with an attractive risk-reward profile.
Confirmation via bearish reversal candlesticks near 1.34708 would strengthen the case.
Watch out for news catalysts or USD data that might impact volatility and invalidate the setup.
(BTC/USD) Short Trade Setup – Bearish Reversal from Resistance 1. Entry Point: 111,516.84
2. Stop Loss: 112,858.08
3. EA Target Point (Take Profit): 106,068.04
4. Resistance Point: ~110,563 (currently being tested)
Trade Setup Summary:
Type: Short position
Risk (Stop LOss - Entry): 112,858.08 - 111,516.84 = 1,341.24
Reward (Entry - Target): 111,516.84 - 106,068.04 = 5,448.80
Risk/Reward Ratio: Roughly 1:4, which is favorable.
Technical Indicators:
The chart shows:
Moving Averages: A red (shorter) and blue (longer) MA, suggesting recent bullish momentum.
Price Action: Consolidation near the resistance after an uptrend; current candle appears bearish and breaking the support.
Interpretation:
This is a bearish reversal setup.
If the price breaks the support around 110,563 convincingly, it may confirm a move downward.
The stop loss is placed safely above recent highs to avoid getting caught in short-term volatility.
The target is significantly lower, around previous support levels, implying a strong move down is anticipated.
Risk:
This strategy banks on a clear breakdown. If the support holds, price may reverse upward, hitting the stop loss.
USD/JPY Long Trade Setup – Key Support Rebound Targeting 148.674Entry Point:
Price: 143.373
The chart suggests initiating a long (buy) position at this level, which is just slightly below the current market price.
Stop Loss:
Price: 141.707
Positioned below a strong support zone. This level protects the trade from excessive downside risk if the price breaks down.
Target Point:
Price: 148.674
The target is clearly defined, indicating a potential gain of approximately 5.991 points, or 4.20% from the entry.
🟪 Support/Resistance Zones
The purple boxes indicate demand (support) and supply (resistance) zones.
The lower zone (entry/stop area) shows a historically significant support range that has been tested multiple times (indicated with orange circles).
The upper purple zone marks the take-profit area, which coincides with previous resistance.
📊 Moving Averages
Blue Line: 200 EMA (Exponential Moving Average) – acting as dynamic resistance.
Red Line: 50 EMA – price is currently trading below it, indicating bearish short-term pressure but potential for reversal.
🧠 Trade Idea Summary
Bias: Bullish (long position)
Risk-Reward Ratio: Favorable
Risk: ~1.67 points (from 143.373 to 141.707)
Reward: ~5.3 points (from 143.373 to 148.674)
Approx. R:R = 1:3.17
Validation: The setup relies on the price holding the key support zone and bouncing higher, targeting the next major resistance.
⚠️ Considerations
Monitor for bullish candlestick patterns near the entry zone.
Keep an eye on macroeconomic news (like BoJ or Fed updates) that could cause volatility in USD/JPY.
Confirm momentum shift with RSI or MACD if using indicators.
BTC/USD Bullish Setup: Double Bottom Breakout Targeting $110,000 Trade Setup Analysis
1. Support & Resistance Zones
Support Zone (Buy Zone):
Highlighted in purple, between $103,764 and $104,633, with a noted stop loss area near $104,061.
Resistance/Target Zone (Take Profit Area):
Around $109,878 – $110,002 labeled as “EA TARGET POINT”.
2. Double Bottom Pattern (Bullish Signal)
There are two orange circles at the bottom, indicating a double bottom pattern—often a bullish reversal signal.
This is supported by a neckline break near the entry point at $104,534.
3. Moving Averages
Two moving averages are displayed:
Likely a short-term MA (red) and a medium/long-term MA (blue).
The price crossing above both suggests bullish momentum.
4. Trade Plan
Entry Point: Around $104,534
Stop Loss: Below $104,061
Take Profit (Target): $109,878 – $110,002
Risk/Reward Ratio: High, given the tight stop and wide target.
📈 Price Projection
The blue arrowed path suggests:
A minor dip or consolidation near $104,534, followed by a strong upward move toward the target zone.
The movement outlines a classic cup-and-handle or double-bottom breakout pattern.
🧠 Conclusion
This is a bullish trading setup for BTC/USD with a favorable risk-reward ratio. The chart suggests:
Buying near $104,534
Stop loss just below support
Targeting a move to ~$110,000
Gold (XAU/USD) Bullish Breakout Trade Setup – Targeting $3,4201. Entry Point Zone (~3,302.88 - 3,317.09):
This is the area where a long position (buy) is suggested.
The price has already moved slightly above this zone, indicating the trade may have already been triggered.
2. Stop Loss (~3,260.41 - 3,299.02):
Positioned below the entry zone to limit downside risk.
Suggests that if the price drops below this support zone, the trade idea is invalidated.
3. Target Point (3,420.41):
A bullish target suggesting a potential upside move of ~117.62 points (or ~3.56%).
This zone acts as a take-profit level.
4. Technical Indicators:
Moving averages (possibly 50 EMA in red and 200 EMA in blue) show a bullish crossover recently, supporting the upward momentum.
5. Pattern Outlook:
The chart implies a possible cup-and-handle or bullish consolidation breakout pattern, anticipating continuation upward.
Summary:
The strategy depicted is a bullish breakout setup:
Buy near 3,302.88–3,317.09
Stop Loss near 3,260–3,299
Take Profit near 3,420
This setup favors buyers as long as the price remains above the stop-loss zone. If the market holds this structure, there's a good risk-reward ratio for a move to 3,420.41.
U.S. Dollar Index (DXY) Bullish Reversal Setup – 1H Chart Analy ENTRY POINT: 100.005
→ This is the area where the trade is suggested to enter long (buy).
🟥 STOP LOSS: Around 99.307
→ Placed below strong support to manage risk.
🟦 SUPPORT ZONE: 99.776 - 99.307
→ Strong historical demand zone, price has bounced from here before.
🟪 BREAKOUT ZONE: Near 100.5
→ If price breaks the trendline here, it may trigger bullish momentum.
🎯 TARGET POINT: 103.096
→ This is the take profit zone (blue box) with a potential gain of +3.29%.
📊 Trade Setup Summary:
✅ Buy Setup: Price approaching support zone, forming a potential reversal.
⚠️ Watch for breakout: Above the trendline to confirm bullish move.
✨ Great Risk-to-Reward: Small risk (tight stop), big reward.
(XAU/USD) Buy Trade Setup – Entry, Target & Risk Management PlaEntry Point:
3,140.34 USD
This is the suggested level to enter a long (buy) trade.
Stop Loss (SL):
3,121.66 USD
A protective level to limit losses if the trade goes against the setup.
Target Point (Take Profit - TP):
3,251.33 USD
This is the EA target point — where profits are expected to be taken.
---
3. Risk/Reward Ratio:
Risk: From 3,140.34 to 3,121.66 = 18.68 points
Reward: From 3,140.34 to 3,251.33 = 110.99 points
Risk/Reward Ratio ≈ 1:6, which is very favorable.
4. Resistance Point:
Around 3,222.45 - 3,227.27
This area might act as a challenge for price movement, potentially leading to temporary retracements.
5. Indicators:
Moving Averages: Red (shorter period) and Blue (longer period) lines help indicate trends.
The price is moving above the short-term MA but currently under the long-term MA, which might suggest a short-term bullish move within a broader downtrend or sideways range.
Conclusion:
This is a bullish setup, anticipating a reversal or continuation to the upside after a pullback:
Buy Zone: 3,140.34
Stop Loss: 3,121.66
Take Profit: 3,251.33
If the price drops to the entry point zone
Reversal Target: 18,800 USD1. Price Action
The price has been trending within an ascending channel.
It recently touched the upper boundary of this channel and entered a resistance/support zone (marked in red at the top).
The blue arrow suggests a projected breakdown from the channel.
2. Support & Target
The target zone is marked around 18,800 USD, with a label and flag indicating this as a key level.
This zone is also aligned with a previous consolidation area and possibly strong historical support.
3. Indicators
EMAs:
50 EMA (red line): 20,762.7
200 EMA (blue line): 19,861.5
The price is currently above both EMAs, typically bullish, but divergence from the channel and potential resistance may imply an upcoming correction.
RSI:
Currently at 65.03, nearing overbought territory (70).
The RSI shows a bearish divergence—price makes higher highs while RSI stays flat or dips slightly.
4. Implications
If the price breaks below the channel and 50 EMA, a move toward 200 EMA or the marked target zone (around 18,800 USD) is likely.
Traders may look for confirmation via a break of lower trendline support, a strong red candle, or declining volume before entering short.
GBP/USD Short Trade Setup – Targeting 1.31580 from 1.34281Entry Point: 1.34281
Stop Loss: 1.34554 (about 27 pips above entry)
Target Points:
Target One: 1.32698
Final Target (EA Target Point): 1.31580 (approx. 270 pips from entry)
Risk/Reward Ratio: Favorable, given the tight stop and wider target.
📈 Chart Features
Highlighted Zones:
Resistance Zone (top purple area): A strong supply zone, where price reversed multiple times.
Support Zone (bottom purple area): Historical demand zone, previous price reactions.
Orange Circles: Represent key swing highs and lows (likely used to confirm the zones or a double/triple top/bottom pattern).
Moving Averages:
Red Line: Likely a shorter-period MA (e.g., 20 EMA).
Blue Line: Likely a longer-period MA (e.g., 50 or 200 EMA), often used for trend confirmation.
🧠 Interpretation
Price Action: The chart suggests the price recently hit a resistance zone and is expected to reverse.
Trade Bias: Bearish – expecting the market to drop from the resistance.
Indicators Support:
Price has rejected multiple times at the top.
Entry is slightly below resistance, confirming a potential reversal.
Targets align with support and past consolidation zones.
Bullish Reversal Forming at Key Support Zone – Targeting 3,450Instrument: Unspecified (likely XAU/USD or an index, judging by the price range)
Current Price: ~3,250.100
Indicators Used:
EMA 50 (Red): 3,284.255
EMA 200 (Blue): 3,287.152
🟣 Key Zones:
Support Zone: Around 3,200 – a strong demand zone where price previously bounced.
Target Zone: Around 3,450 – the last major resistance and recent high.
📉 Current Price Action:
Price recently tested the support zone and is forming a potential double bottom pattern.
EMAs are above the price, indicating a short-term bearish trend, but the price holding support may suggest a possible reversal.
A bullish trajectory is drawn, projecting a potential rise toward the target zone at 3,450.
📈 Potential Trade Idea (Hypothetical):
Entry: Near current price or on pullback to the small support box (~3,240)
Stop-loss: Below the major support (~3,190)
Take-profit: Around 3,450
⚠️ Key Considerations:
Price needs to break above the EMAs to confirm momentum shift.
Watch for confirmation with bullish candlesticks or volume spike.
Failure to hold the 3,200 support could invalidate this setup.
(BTC/USD) Short Trade Setup: Key Resistance Rejection with Targe1. Entry Point: 104,855
This is where the trader plans to enter a short position (sell).
Price is slightly below this level at the moment (103,775).
2. Stop-Loss Zone: ~104,807
Highlighted in purple above the entry.
Indicates where the trader will exit if the market moves against them to limit losses.
3. Resistance Point: 103,086
This level has been tested multiple times and may act as a ceiling for prices.
If broken and held, it might invalidate the short setup.
4. Target Point: 93,159
This is the take-profit level for the short trade.
Represents a drop of approximately -10.76% from the entry point.
5. Trend Analysis:
The chart shows an uptrend leading into a potential distribution or topping pattern near the resistance zone.
A potential bearish move is anticipated, hence the short strategy.
6. Support Zones:
Highlighted in purple near the target area (around 93,159).
Historically strong buying areas.
Interpretation:
The trader expects the current resistance level to hold, prompting a downward correction toward the target zone at 93,159. If price moves above 104,807, the setup is invalidated, hence the stop-loss placement.
1. EUR/USD Buy Setup1. Entry Point:
Marked at: 1.12243
This is the suggested price level to enter a long (buy) trade.
2. Stop Loss:
Set at: 1.11542
Placed below a support zone, it limits the downside risk if the trade moves against the position.
3. Target Points:
EA Target Point One: 1.13891
EA Target Point (Final): 1.15929
These levels are profit-taking zones, with the first being a conservative target and the second being a more extended move.
4. Technical Indicators:
Moving Averages:
A red shorter-term moving average (possibly 20 EMA)
A blue longer-term moving average (possibly 200 EMA)
Price is currently below both, indicating bearish momentum, though the long setup is anticipating a reversal.
5. Support/Resistance Zones:
Purple Zones: Highlighted as key demand and supply areas.
The lower purple zone supports the entry and stop-loss area.
The upper purple zones mark resistance areas aligning with the target levels.
6. Current Price:
Around 1.12459, slightly above the entry zone.
Conclusion:
This setup is a bullish trade idea with a clearly defined:
Entry (1.12243),
Stop-loss (1.11542), and
Two take-profit levels (1.13891 and 1.15929).
(BTC/USD) 1H Trade Setup – Key Entry, Stop Loss & Dual TargetEntry Point: 95,431
Stop Loss: 95,264
Target Points:
Upside (Target 1): 100,674 (Potential gain: +5.36%)
Downside (Target 2): 86,614 (Potential loss: -7.57%)
Trade Setup:
Risk-Reward Ratio:
Approx. 1:0.7 (Not ideal; the reward is smaller than the potential loss)
Support Zones:
Highlighted in purple beneath the entry zone — this indicates a historically strong support area.
Resistance Zones:
The upper purple zone marks the next significant resistance around 100,000–100,795.
Technical Indicators:
50 EMA (Blue Line): Indicates mid-term trend support, currently holding price action.
Price Action: BTC appears to be retracing toward support after a bullish rally.
Interpretation:
The setup implies a long (buy) position with a very tight stop loss.
The price is nearing a support zone, and if it holds, there's potential for an upward move to the target at 100,674.
However, if price breaks below 95,264, a sharp drop to 86,614 is anticipated.
USDJPY Buy Opportunity Above 143.525Entry Point: 143.525 (unchanged)
Stop Loss: 141.847 (unchanged)
Target Point One (TP1): 145.063 (unchanged)
Final Target (TP2): Now refined to 147.883 instead of 147.894 — a small, precise update.
📈 Pattern and Structure:
Cup-and-handle formation still intact, indicating a continuation pattern.
Support confirmation at the 143.5 zone, showing a potential base for a bullish reversal.
The chart shows strong upside projection toward the resistance band near 147.8–148.0, highlighted with the upper purple zone.
📊 Risk-Reward Profile:
Risk (Entry to SL): 143.525 – 141.847 = 1.678
Reward (Entry to TP2): 147.883 – 143.525 = 4.358
Reward-to-Risk Ratio: 4.358 / 1.678 ≈ 2.6R — a favorable risk/reward setup.
🧠 Trade Notes:
Entry is slightly above a demand zone.
First target is conservative, near a known resistance.
Final target aligns with prior highs and the broader ascending wedge’s upper bound.
Timing suggests the bullish push may unfold over the next few sessions (likely May 6–8 range, as curved arrow indicates a rounded retest/bounce scenario)
S&P 500 Bearish Reversal Setup: Short Entry Below Key ResistanceEntry Point: Around 5,678.79
Stop Loss: Around 5,833.61 (above recent resistance zone)
Target Point: Around 4,831.37 (indicating a bearish target)
2. Technical Patterns:
The price hit a resistance zone (highlighted in purple) and reversed—this is often a bearish signal.
The trendline break (marked with the orange dot and blue arrow down) suggests a potential trend reversal.
The moving averages (likely 50 EMA and 200 EMA) indicate the price is still above the support zone but weakening.
3. Risk/Reward Ratio:
Risk (Stop Loss – Entry): ~154.82 points
Reward (Entry – Target): ~847.42 points
Risk/Reward Ratio: Approximately 1:5.5, which is favorable for shorting.
4. Trade Sentiment:
Bearish bias based on the breakdown from the resistance zone and confirmation from chart patterns.
If the price fails to hold above 5,682.87, a short trade may be validated with the target at 4,831.37.
(XAU/USD) Bullish Trade Setup – Targeting $3,506.52 with Entry aEntry Point: $3,221.19
Stop Loss: $3,169.80
Resistance Zone: Around $3,277.98 to $3,280.64
Target (TP) Point: $3,506.52 (Approx. 9.05% upside)
📊 Technical Indicators and Markings:
Moving Averages:
Likely a 50-period (blue) and 200-period (red) moving average.
Price is currently below both MAs, signaling a short-term downtrend.
Support & Resistance Zones:
Strong support around $3,207.67–$3,221.19 (entry area).
Resistance at $3,244.25–$3,280.64.
Stop-loss is strategically placed below support to limit downside risk.
Target Area:
Projected upside target is $3,506.52, with a potential 9.05% gain from the entry.
This is marked as the EA (Expert Advisor) Target Point, possibly suggesting this is a strategy from an automated trading system.
Orange Circles:
Likely indicate swing highs and lows, used to identify trend patterns and potential reversal points.
📈 Trading Idea Summary:
Bullish Setup: Buying at support, aiming for breakout above resistance to reach target.
Risk-Reward Ratio: Favorable, assuming price holds above $3,207.
Watch for Confirmation: Price needs to break above resistance around $3,280 for momentum continuation.
GBP/USD Short Trade Setup: Reversal from 1.34370 with Target at Entry Point:
Marked at 1.34370, where the analyst anticipates a reversal or price rejection.
Stop Loss:
Positioned above at 1.34975, covering a 2.62% risk margin. This is a protective level in case the price moves against the trade.
Target (Take Profit):
Set at 1.31015, just above a strong support zone around 1.30818. This is where the analyst expects the price to eventually fall.
Resistance Point:
Noted around 1.33007 – 1.32859, acting as an intermediate level of interest and possible price reaction zone.