WE ARE IN A DESCENDING CHANNEL !!

Updated
As you can see from the chart after sharp decline of last February, the market are in indecision.

the price currently at our top descending channel and some rejection have been seen.
this bring us a 100 pips short opportunity.
our next target will be 1.33
Trade closed: target reached
we have reach our first Demand area, feel free to close half of your trade.
our next target will be 1.32850 with extension to 1.32500
Pivot PointsSupport and ResistanceTrend Lines

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