The pair is trading @ 1.3913; yesterday it went up to 1.4000 area; and down to 1.3870; from that point, it went up again to 1.3940...where it start that day...I think that we have an important support @ 1.3890 area; if that support will be broken the pair should easily broke also 1.3870: yesterday low;right now the pair is over the EMA and is trading in the up band of bollinger; RSI 53, stochastic is bearish... is it is really important that the rate cross 1.3890 area soon, or again we will have no indications;
here are some support and resistance:
R3 1.4192; R2 1.4062; R1 1.3995; S1 1.3865; S2 1.3802; S3 1.3672
No trading plan,I will wait for better confirmation or for a trend;
have a good day
:D
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