Previous support should become resistance
The pair is still in the down trend (looking the daily chart)
Also we are really close to the levels of 11 Feb where the volume has massive spike forming a level of supply
On the 31 March the volume is again massive, even though the price move is not big at all, indicating accumulation and on the next 5 days the price is heading south.
I would watch level of 112.362 and I would place a pending order with SL higher than previous high or 114
Also we are really close to the levels of 11 Feb where the volume has massive spike forming a level of supply
On the 31 March the volume is again massive, even though the price move is not big at all, indicating accumulation and on the next 5 days the price is heading south.
I would watch level of 112.362 and I would place a pending order with SL higher than previous high or 114
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