From our analysis, It seems the pair faced the strong resistance of the bearish channel
with long term support broken, It is expected to bearish in the upcoming sessions to reach the target of 146.250 first and then 145.300 respectively
On the other hand, the rally of bull candles can regain the bullish bias by consolidating above bullish channel support that will target 148.500 first and then 149.200 respectively
Expected day trading range is between 147.600 and 146.250
Expected today trend: bearish
with long term support broken, It is expected to bearish in the upcoming sessions to reach the target of 146.250 first and then 145.300 respectively
On the other hand, the rally of bull candles can regain the bullish bias by consolidating above bullish channel support that will target 148.500 first and then 149.200 respectively
Expected day trading range is between 147.600 and 146.250
Expected today trend: bearish
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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.
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.