The price is in a strong resistance zone at 1.193. In this zone, the resistance line of the global uptrend (which the price left in March of this year, breaking through the resistance at 1.186) and the resistance line of the minor downtrend formed in January 2021, cross. Now we can expect that the price will push off against the resistance and continue to fall towards the 1.164 support.
SL - 1.200.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SL - 1.200.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.