On the weekly timeframe we are sitting right at the 0.28 level which is a key level of support. We closed last week with a large wick to the downside which means that we could see a reversal back towards the 0.40 level here.
On the H4 timeframe it looks a bit choppy but we are seeing a breakout to the upside here. If price can hold above 0.28 it would be highly probably that we head higher.
On the H4 timeframe it looks a bit choppy but we are seeing a breakout to the upside here. If price can hold above 0.28 it would be highly probably that we head higher.