currency pair movement [main scenario]
The other day with accordance with the background of good data coming from Europe, the pair got to the maximum point, Tenkan and Kijun lines are placed above the price and are moving in parallel, the price is being traded above the ascending cloud, today there would be very important news in the USA - "The Federal Open Market Committee Declaration", and the further movement of the pair is based on it, the further descending movement is being expected. We should sell the pair below the 1,2520 resistance level, set take profit at these support levels - 1,2475, 1,2445, 1,2413.
currency pair movement [alternative scenario]
If the pair succeeds to break through and get fixed above the 1,2520 resistance level, in such a case the further ascending movement till these resistance levels - 1,2565, 1,2597 is very possible.
LEVELS
Resistance: 1,2520; 1,2565; 1,2597.
Support: 1,2475; 1,2445; 1,2413.
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