after a bearish movement price reached to the strong weekly support and rejected from this level . after broke 1.061 level it seems price want back to this level it seems a false breakout in h1 price broke ma200 and in h4 is testing this resistance also broke descending channel. in the past price tested 1.069 level but rejected if fixed above it i expect price go up to my targets
Note
+55 pips profit done price will back to the 1.06750 level soon
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.