The biggest channel is from Weekly chart. I'm waiting this retracement on Daily chart is being finished with this channel breakout.
After breakout first support area will be 1.4057 and after this 1.3835 - 1.3840 will act as a good support area.
Above the price 1.4460 will be our resistance but trend is down so I think we wont touch that point these days.
Let the market dynamics drive us.
After breakout first support area will be 1.4057 and after this 1.3835 - 1.3840 will act as a good support area.
Above the price 1.4460 will be our resistance but trend is down so I think we wont touch that point these days.
Let the market dynamics drive us.
Comment:
Channel from Weekly
