Price on this pair has recently formed a series of lower highs on the daily chart.
Price is now making a new move lower and is looking to once again test the key daily chart support level.
This has been an important level in recent times with price rejecting it and moving back higher twice.
With the recent momentum building lower we can look for a new retest of...
". There is a possibility of temporary retracement to suggested support line (1.5928).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. EURSGDis in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts...