The reasons:
-It is consolidating on a key level, which has been valid since July of this year
-It is heavily rejecting the area of resistance
The target:
The first target will be set at around 1.07450 region, if the price manages to break through that level, then we will be anticipating more movement to the downside!
-It is consolidating on a key level, which has been valid since July of this year
-It is heavily rejecting the area of resistance
The target:
The first target will be set at around 1.07450 region, if the price manages to break through that level, then we will be anticipating more movement to the downside!