I am Slight Bearish. PA on the weekly is painting a bearish tone. It shall go down lower abit more as we can see in weekly bearish candle, But I see 1.293 level as a good support level. To break the level, it will need a lot of bear force to push it down. So, I do not think it is going to be a full-blown downtrend.
But if you want to go long, please be patience for proper action. Let’s the flushing over first.
Level to watch: Support 1.3030, 1.2930, 1.287 and Resistance level 1.310, 1.318, 1.327, 1.317
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