As we can see price is currently downtrending
forming lower highs and lower lows.
Our next anticipated target is around
the 1.32636 area, if price breaks that area,
we'll be looking for the 1.30363 area where
price could find the support area of our channel.
There could be a possibility of price retracing up
to the 1.34360 area before dropping to 1.28316
our monthly support zone.
forming lower highs and lower lows.
Our next anticipated target is around
the 1.32636 area, if price breaks that area,
we'll be looking for the 1.30363 area where
price could find the support area of our channel.
There could be a possibility of price retracing up
to the 1.34360 area before dropping to 1.28316
our monthly support zone.
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