Weekly Technical Analysis

Price in a strong downward movement nearing SNR level at 1.55000 & trend line(Starting from 2-June-2020) support . It would be interesting to see how market reacts to this psychological level . If respects the support on 1.55000 then market may go up to 1.57000 , 1.59000 . Other scenario would be if market breaks below the 1.55000 level then it may go down to 1.52000 , 1.50000 .