Based on the weekly and daily upward trend... we have a small downward correction and then the upward trend continues
After hitting the daily support level and contacting the 618 Fibonacci level, it will reach the price of 1.22500 in its first target.
The price has created a gap in the market after its long-term decline. Price should make up for this price gap soon. ( H1 )
My view is that given the incremental growth in recent weeks, we will now see a reversal.
My opinion is that due to the growth of Saudi Arabia in the past weeks, we will now see a change in the trend for this currency pair