On the weekly timeframe, we can see that the price is now above our last resistance level (R1) and it is going to the direction of our next resistance level (R2) at 1.4000. Otherwise, we could see the price heading down to our last support level (S2).
This is a long term idea just to show where the market is currently headed, not for entry confirmation.
Cheers guys!
This is a long term idea just to show where the market is currently headed, not for entry confirmation.
Cheers guys!
