Downside Correction on weekly base towards Support 0.6580$
Updated
Yesterday's fall led to the formation of the "absorption" pattern of the daily level. The downward movement will aim to return to the upper limit of the average move of the previous week, located at the level of 0.6740/50$
Price hit back to resistance and expecting coming days correction downside If price closed below 0.6760/80$, the target of the decline will be the weekly short-term price of 0.6636-0.6621. A test of this zone will cause the price to go more downside towards support 0.6520$
🛑SUPPORT/RESISTANCE
✅S1= 0.6650
✅S2=0.6530
✴️R1=0.6760
✴️R2=0.6820
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Price hit back to resistance and expecting coming days correction downside If price closed below 0.6760/80$, the target of the decline will be the weekly short-term price of 0.6636-0.6621. A test of this zone will cause the price to go more downside towards support 0.6520$
🛑SUPPORT/RESISTANCE
✅S1= 0.6650
✅S2=0.6530
✴️R1=0.6760
✴️R2=0.6820
Please like, share, comments and follow me to get daily base analysis.
Thank you for your support, I appreciate it.
Trade closed: target reached
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