The trend is neutral, after a long-range retest of 0.66676 resistance a false breakdown is formed and the buyer has no potential to go up. A retest of the local maximum is possible, but all the emphasis is on the support at 0.6648. A break of this area will be a confirmation of the buyers' loss, as well as a break of the local uptrend, which will provoke the formation of a strong bearish impulse.
Resistance levels: 0.6668, 0.6715
Support levels: 0.665, 0.6558
Most likely, the buyers' strength will not be enough to pass the mentioned resistance from the first time. At the moment the seller is pushing the market and if the key support area is broken, the market will change its local mood
Regards R. Linda!
Сделка активна:
A quick retest or pre-breakout consolidation may trigger a support breakout
Price is breaking channel support and testing the 0.665 liquidity area.
A quick retest or pre-breakout consolidation may trigger a support breakout
Сделка активна:
A support breakout is forming
Сделка активна:
Perfect realization. An impulse is formed after a false breakdown
The fall may continue
The fall may continue
Сделка активна:
Realization of the breakdown at 50 pips
Сделка активна:
Technically, the currency pair is ready to go down further!
Сделка активна:
It's perfect. Retest of resistance does not give any result and after a false breakdown a fall is formed
Сделка активна:
Oh, that's great. Long consolidation at the resistance level (fight between buyers and sellers) determines the winner. It was the sellers
The change of fundamental background forms an impulse downward.
The nearest target will be reached soon.
The change of fundamental background forms an impulse downward.
The nearest target will be reached soon.
Комментарий:
Let's keep holding
Комментарий:
Continuing to hold
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