currency pair movement [main scenario]
The pair is moving in the descending trend, Tenkan and Kijun lines are bound below the price, the price is moving along the lower border of the descending cloud, the further descending movement is being expected. We should sell the pair below the 1,7148 resistance level, set take profit at these support levels - 1,7121, 1,7102, 1,7086
currency pair movement [alternative scenario]
If the pair succeeds to break through and get fixed above the 1,7148 resistance level, in such a case the further ascending movement till these 1,7166, 1,7182 resistance levels is quite possible.
LEVELS:
Resistance: 1,7148; 1,7166; 1,7182.
Support: 1,7121; 1,7102; 1,7086.
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