The forecast for the fall, which we expect from the beginning of the week, continues. Yesterday the price touched resistance at 1.206 and really started to fall, but eventually corrected and is now on the line again. You can take this correction as a good consolidation at the resistance before a strong fall. Now we can expect that after the correction the price will go down to support 1.173.
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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.