Support to resistance

١٨ يوليو ٢٠٢٢

this could possibly be a double bottom on larger time frames. also this pair is stuck! what i mean by that is , if you look at the weekly , every time the price goes below 1.754 (yellow .625 fib level) , it gets bought up leaving a wick. if this trend is going to continue then this should be a good area for a support bounce!