🔸 WEEKLY CHART EXPLANATION:
.
.
🔸 Price was rejected at the pullback to the broken trendline.
.
🔸 Now, it is facing the Support Zone.
.
🔸 We consider that if price breaks this zone, then it has potential to reach the next Support Zone at 0.9200.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 4H CHART ANALYSIS:
.
.
🔸 Price was rejected at the pullback to the broken trendline.
.
🔸 Now, it is facing the Support Zone.
.
🔸 We consider that if price breaks this zone, then it has potential to reach the next Support Zone at 0.9200.
.
🔸 Will look for a lower timeframe bearish setup.
🔸 4H CHART ANALYSIS: