Currently the price is at 1.4503 it is hovering in the range of 1.4614 to 1.4152, which is its support and resistance range. If the price breaches the support level after reversing back from resistance, then it may enter into a down trend and then its nearest support and target will be at 1.3867. It might take price some time to reach at its support level as it is trading between its resistance and support levels.
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat