From Weekly timeframe, big triangle pattern perform and price reject from Major Resistance at 61.8 Fibonacci. If this pattern continue, 1.1621 Will be primary downtrend target for next few years.
Fibonacci Level at 1.3220 will be first support level, and if this level break 1.2798 will be the first bearish target at major support area.
Entry long at support channel and short at resistance will be a good idea, as long as this channel not break. (daily timeframe)
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