the chart is showing that he pair has succeeded in breaking the level of 0.8300 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 0.8370 and then 0.8400
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the chart is showing that he pair has succeeded in breaking the level of 0.8300 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 0.8370 and then 0.8400
A break to the upside of 0.85 would be massively bullish. Until then, we are likely to meander around these levels.
the chart is showing that the pair has succeeded in closing it's daily candle above level 0.8300 , and that's mean the up trend is still standing and the pair might head to 0.8350 and then 0.8400
it is clear that the pair succeded to close under the up channel trend and now it is about to test the support level at 0.8272. if it can close under this level i think might see more fall to this pair
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8300 , so , that's mean the down trend is still standing and the pair is heading to 0.8235 then 0.8200
The candle did stop at the 0.8350 resistance level, which has been tough lately. The pair could react by falling a bit, but it should also me mentioned that the level isn’t a major one
break and close below this level to trigger a more meaningful topping formation that will project deeper setbacks towards the 0.7750 area over the coming days.
If a M15 close above 0.8340 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8200 sell only and do not buy. If price closes back above it again do nothing
The range 0.8340 and 0.8200 is neutral area, any trade done in between is personal decision and not part of this analysis
for this pait as it shown lately forming bullish candles and trading over ema50 line. should close over the resistant level at 0.8380 to confirm more upward to follow the up trend on the daily chart
The latest violent bearish reversal off of post-float record highs is significant with the market now looking to carve out a major top