The pair is currently at a weekly/monthly resistance level at 109.40 level. If price rejects this level and closes below counter trend line we may see downward momentum/bears coming in and push price possibly to weekly support at 108.67 before a fall to 108.00
Price is currently trapped in an upward channel. Waiting for a test of the 76.0 level before a possible short. Price broke past the monthly/weekly resistance level at 75.00 level and has been ranging for a while. The RSI divergence shows a possible exhaustion of the upward momentum and a break and close below the upward channel may see bearish momentum coming in.
The pair has been in a downtrend for a while now and it broke and closed past daily resistance at 0.8365 and is currently retesting the broken zone. A close below the counter trend line may see price rally further downwards to the 0.8285 level
Price has been on a downtrend for a while. Price broke and closed past weekly support at 1.6085 and currently retesting the level. Short position may be taken after break and close of medium term counter trend line for an extension of the down move to the 1.5920 level
Price broke out of the inside day range impulsively on the daily however it was contained by the weekly resistance at the 0.6850 level. Price also broke and closed below inner counter trend line and may signal momentum to the downside considering the strong bearish close on the last trading day of the previous week.A break and close below the 0.6850 level may...
Price broke and closed past weekly support intensively. Price also broke neckline of the double tops setting in bearish momentum. Waiting for a possible retest of broken support before any further extension of the downwards move.Price may rally to the next support at the 0.6250 level
Price is currently held below weekly support at 0.75482 level.It broke past the level and immediately retraced back below the level.Short position only if price breaks and closes below current counter trend line with possible target at 0.7445