The price is inside a bearish channel and has approached a weekly resistance level. The trend is strongly downward, JUST bearish
In the intricate world of financial markets, the weekly chart serves as a remarkable storyteller, tracing the fortunes of currencies and commodities. Recently, it displayed a remarkable resurgence, a phoenix-like ascent, as it ventured tantalizingly close to the elusive 1.386 price mark, only to pull away at the last moment. This dynamic shift, characterized by...