0
1 035
W1 price is located below 200 period SMA
(200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging
between Fibo support level at 0.6935 and Fibo resistance level at 0.7421, and 100-SMA is moved to be below 200-SMA for the bearish trend to be continuing. If the price breaks 0.6935 support from above to below to we may see good bearish breakdown movement; otherwise - ranging within the familiar levels.
If the price will break Fibo support level at 0.6935 so the bearish trend will be continuing with good breakdown possibilities.
If not so the price will be ranging between key support level at 0.6935 and key resistance level at 0.7421.
Trend: