While the price is above the support 0.9180, beginning of uptrend is expected.
We make sure when the resistance at 0.9900 breaks.
If the support at 0.9180 is broken, the short-term forecast -beginning of uptrend- will be invalid.
The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg higher if price breaks and closes above the downtrend line of the triangle.
A peak is formed in at 0.9783 on 05/07/2020, so more losses to support(s) 0.9625, 0.9500, 0.9360 and minimum to Major Support (0.9180) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
( ) is 52.
Supports and Resistances