Daily price is crossed 100 SMA/200 SMA reversal area for the bearish breakdown: the price was bounced from 1.3522 support level for the possible secondary rally to be started or for the primary bearish trend to be continuing. If the price will break 1.3779 resistance level so the local uptrend as the secondary market rally within the primary bearish condition will be started.If price will break 1.3522 support so the bearish trend ...
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After finding support at 6.5500 the pair moved higher to test the 6.6000 handle, but has yet to manage a clear break and a hold above on a daily close basis. In fact, the pair has failed to hold above the level for two consecutive days since February. The pair continues to test higher as the price pivots around the 6.6000 level while appearing to find short term support at 6.5880, in turn creating a situation in which the price trades ...
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