Trend
Its still in a uptrend but for now its bit extended so a correction is due on this recent rally to the up side. For the last 3 days we are seeing Doji candles at the same place I think it will make a big move very soon.
Support & Resistance
For now next support is around 1.10 zone and resistance is at 1.15 area. I will wait for it to close above 20 day moving average to make a by decision. Tomorrow will be very interesting to see if it can manage to close above the resistance.
Hit like & follow guys ;)
Its still in a uptrend but for now its bit extended so a correction is due on this recent rally to the up side. For the last 3 days we are seeing Doji candles at the same place I think it will make a big move very soon.
Support & Resistance
For now next support is around 1.10 zone and resistance is at 1.15 area. I will wait for it to close above 20 day moving average to make a by decision. Tomorrow will be very interesting to see if it can manage to close above the resistance.
Hit like & follow guys ;)