After failing to claim resistance mentioned in analysis before, uptrend line (white line) is broken and the price fell to the support. If price will accumulate above this support that would be bullish sign and we could expect new test of the resistance at 1.10 (red line). If price cointinues to fall down then next resistances could be two greeh dashed lines at 1.07 and 10.4 before testing green line at 1.05.
This is not financial advice and I am not a financial advisor. It is important to do your own research and make your own opinion before getting into any trades or financial investments. You are responsible for all your trades and all win and lose results, so manage your risk according to your financial situation. Don't invest money which you are not ready to lose.
This is not financial advice and I am not a financial advisor. It is important to do your own research and make your own opinion before getting into any trades or financial investments. You are responsible for all your trades and all win and lose results, so manage your risk according to your financial situation. Don't invest money which you are not ready to lose.
