By examining this chart in the 2-hour time frame, we can see that after entering the attractive range of demand in the range of 1.20500 to 1.20800, the price faced demand pressure and managed to grow to the very important resistance of 1.2160. Now, if the price consolidate above this If this support range , it can probably grow to higher levels with targets of 1.21730, 1.22030, 1.22420 and 1.22600 ! The supply ranges are 1.2160 to 1.21750, 1.2260 to 1.2290 and 1.23150 to 1.23330 respectively!
Best Regards , Arman Shaban
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