in the past the price made a descending channel and then entered in a sideway range 1.061 is strong resistance price tried many times to break out this area to the upside but faild . price made a major swing high it was a false break out from resistance also price still in in downtrend channel and bellow mA200 I expect fall from here or retest resistance and then fall
Note
IF PRICE BREAK OUT 1.052 SUPPORT NEXT IS MY FIRST TARGETDisclaimer
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Disclaimer
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.