AS you can see the picture, the price has fallen to the bottom of the down channel on the daily chart. we expect a rebound in a bullish trend if it failed to break the price level of 1.13542.
On a short-term chart, it looks like the price has reached its lowest level. For this reason, we expect to see a bullish trend up to 1.1578 in next week.
Fibonacci Pivot Points
Support C @ 1.1305 Support B @ 1.1371 Support A @ 1.1412
Pivot Point @ 1.1479
Resistance A @ 1.1545 Resistance B@ 1.1586 Resistance C @ 1.1653
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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.