Main scenarion:
Rebound from intermediate resistance level 1350 created market correction on support level 1334, form that we can expect uptrend continuation again to the intermediate resistance 1350 and then to 1366.
Alternatie scenario:
An downtrend will start as soon, as the pair drops below support level 1334, which will be followed by moving down to support level 1324 and if it keeps on moving down below that level, we may expect the pair to reach support level 1310.
S/R levels:
Supports: 1334 (main), 1324 (strong), 1310 (strong)
Resistances: 1350 (intermediate), 1366 (strong)
Rebound from intermediate resistance level 1350 created market correction on support level 1334, form that we can expect uptrend continuation again to the intermediate resistance 1350 and then to 1366.
Alternatie scenario:
An downtrend will start as soon, as the pair drops below support level 1334, which will be followed by moving down to support level 1324 and if it keeps on moving down below that level, we may expect the pair to reach support level 1310.
S/R levels:
Supports: 1334 (main), 1324 (strong), 1310 (strong)
Resistances: 1350 (intermediate), 1366 (strong)
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