On Sep 28 price finally, break the long term triangle pattern from Jul 20. After that, the price continue with a strong bearish trend also on Sep 29, however the price last 3 days reverse and again test triangle pattern as supply zone as it is shown on the chart above.
If the supply zone at the area of 1.3650 will hold, we can expect that the price will continue to the downside and reached the first support at 1.3400 in the next few days.
If the supply zone at the area of 1.3650 will hold, we can expect that the price will continue to the downside and reached the first support at 1.3400 in the next few days.
Daily forex trading ideas, trading analysis, group chat, weekly outlooks, and more! Join now: theproptrader.co.uk