MARKET ANALYSIS: The pair has completed the flag pattern and now is trying to make a lower lows. Mostly we will be able to reach the downside support after a short retracement or without it. Anyhow until the market breaks the resistance the pair would head south for the next support near the 1.06000 level. So lets wait and see what the market does in the coming days, Cheers!
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.