Over all weekly trend still showing bearish momentum to the down side.
Waiting for a retest at round 1.30000
There is a clear structure broke below bearish flag in lower timeframes(5m,15m). (RED,BLUE,YELLOW).
Headed to 1.30400 support zone range. If it breaks below the head lower to 1.30000.
Once demand is fulfilled we will then see the bullish momentum return.
Support:(1.30400 & 1.30000)
Resistance:(1.30800 & 1.31454)
Waiting for a retest at round 1.30000
There is a clear structure broke below bearish flag in lower timeframes(5m,15m). (RED,BLUE,YELLOW).
Headed to 1.30400 support zone range. If it breaks below the head lower to 1.30000.
Once demand is fulfilled we will then see the bullish momentum return.
Support:(1.30400 & 1.30000)
Resistance:(1.30800 & 1.31454)