RESUME & VIEW – THE PAIR CONTINUES MOVING IN TIDE RANGE BETWEEN 0.9000-0.9500 BORDERS. THE RANGE WOULD EVEN GET MORE NARROW WITH THE PAIR STUCK MOVING BETWEEN 50SMA AND 200SMA, RESPECTIVELLY 0.9300-0.9700. ALTHOUGH, THE PAIR IS STILL BELOW THE 200SMA MEAN THERE IS DOWNSIDE MOVES PRIORITY.

RESISTANCES:

Minor – 0.9600 | 0.9800 | 1.0650

Moderate – 

Strong – 1.0000

PIVOT POINT – 0.9450

SUPPORTS:

Minor – 0.9350

Moderate – 0.8900-0.9000 | 0.8600

Strong – 

Situation Chart:

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By Mihail Mihaylov

Independent Capital Markets Trader / Equity Research Analyst. Swing to Long term.

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