Use this as a guide to develop your view of the chart
Main items we can see on the Monthly Chart:
a)There is a massive Support zone between 1,6 - 1,2
b)This Support has been working since 1992
c)Currently, the price is on 1,6 / The first contact with the support zone
d)We think the price will make reversal structures before starting the bullish movement
e)This Monthly chart provides us with an idea of a bullish potential of 120% towards the next Resistance zone at 3,7
Main items we can see on the Monthly Chart:
a)There is a massive Support zone between 1,6 - 1,2
b)This Support has been working since 1992
c)Currently, the price is on 1,6 / The first contact with the support zone
d)We think the price will make reversal structures before starting the bullish movement
e)This Monthly chart provides us with an idea of a bullish potential of 120% towards the next Resistance zone at 3,7