On the daily the chart, the price has bounced from the lower trend line from the high of 2007
the price was approaching the resistance zone 0.7955-0.7915 to reverse beneath it
the pair is about to break the up trend line from the low of march this year followed by divergence in RSI
if so, the price would firstly meet the support 0.773, then continue its bearish move down to the next support zone 0.761-0.7545
the price was approaching the resistance zone 0.7955-0.7915 to reverse beneath it
the pair is about to break the up trend line from the low of march this year followed by divergence in RSI
if so, the price would firstly meet the support 0.773, then continue its bearish move down to the next support zone 0.761-0.7545
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.