Analysis:
-We can see this pair created a double top ,and the pair went down and broke the upwards trend.
-The pair went down furthermore and tested a major support at 1.251 area which it bounced off.
-The last 2 days it got rejected by the trend channel.
What we can expect:
-The pair can test the channel's resistance again and break it,and go up
-The pair can go down to major supp at 1.251
What i expect:
-The pair will go down and test the next support where it will bounce off and go up.
-We can see this pair created a double top ,and the pair went down and broke the upwards trend.
-The pair went down furthermore and tested a major support at 1.251 area which it bounced off.
-The last 2 days it got rejected by the trend channel.
What we can expect:
-The pair can test the channel's resistance again and break it,and go up
-The pair can go down to major supp at 1.251
What i expect:
-The pair will go down and test the next support where it will bounce off and go up.