Our pair moved away from the resistance level, heading to 1.1810. After the break, it went again to update the annual lows. Now the price has fallen below the level of 1.1730 and is trying to gain a foothold.
We assume that there will most likely be further advance of the pair down and the next strong level will be 1.1580. Our technical indicators also indicate a sale.
However, up to the level of 1.1580, we can meet several local levels near the marks of 1.1690, 1.1640 and 1.1600, which may slow the movement.
We assume that there will most likely be further advance of the pair down and the next strong level will be 1.1580. Our technical indicators also indicate a sale.
However, up to the level of 1.1580, we can meet several local levels near the marks of 1.1690, 1.1640 and 1.1600, which may slow the movement.