Hello guys, in this technical analysis, in H1 timeframe, we see a possible formation of pull back, the price is break up the bearish rising wedge channel. and so, the expectative is strong bullish for this currency. So, we hope a pull back, but, if you see in H4 timeframe or Daily we can to see a possible to longer movement so bullish to pick up +300 pips.
This is the situation of H4 timeframe, we conclude that the price want to grow up in the next days soon. And also, I have and found out in this morning a confirmation or resist of up, and this trend line support its support too in the trend.
But, looking in Daily timeframe,we can to entry again in this bearish channel to reach objective so higher in the next days because there are a fundamentals of this pars that it's good for the economy for the rest of weeks.
This is the situation of H4 timeframe, we conclude that the price want to grow up in the next days soon. And also, I have and found out in this morning a confirmation or resist of up, and this trend line support its support too in the trend.
But, looking in Daily timeframe,we can to entry again in this bearish channel to reach objective so higher in the next days because there are a fundamentals of this pars that it's good for the economy for the rest of weeks.
