When we look at the H4 chart we see a momentum decline at the end of last month.
It broke the upward trend of this period.
After the impulse decline, we have been seeing a correction for several days now, which we are looking for when it will end. We can see this on the H1 chart.
The break of the support line signals the completion of the correction and allows for a new decline.
Re-testing of the zone is not excluded!
The expectations are that the price will reach 0.7720 and 0.7646!
Today will be extremely important for all pairs with USD. Be careful!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
It broke the upward trend of this period.
After the impulse decline, we have been seeing a correction for several days now, which we are looking for when it will end. We can see this on the H1 chart.
The break of the support line signals the completion of the correction and allows for a new decline.
Re-testing of the zone is not excluded!
The expectations are that the price will reach 0.7720 and 0.7646!
Today will be extremely important for all pairs with USD. Be careful!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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