1. The has reached the weekly trendline at 0.91 and is been consolidating within the 0.8950 and 0.91 area
2. It has break the consolidation area and the is trading below the 200 EMA, but there is significant support around the 0.89 area where is the daily trendline and the 800EMA.
3. We can expect a retest of the 0.8950 psychological line and the a break below the daily trendline and 800EMA could open the doors for lows as 0.88 and 0.8650
2. It has break the consolidation area and the is trading below the 200 EMA, but there is significant support around the 0.89 area where is the daily trendline and the 800EMA.
3. We can expect a retest of the 0.8950 psychological line and the a break below the daily trendline and 800EMA could open the doors for lows as 0.88 and 0.8650