breaches the 2024 bottom of 1.0723 (February 6), it may then set sail towards the November 2023 low of 1.0515 (November 1), followed by the weekly low of 1.0495 (October 13, 2023). This would be followed by the 2023 low of 1.0447 (October 3) and the round level of 1.0410.
The outlook for the pair is expected to turn bearish if it consistently surpasses the significant 200-day SMA at 1.0837
The outlook for the pair is expected to turn bearish if it consistently surpasses the significant 200-day SMA at 1.0837