currency pair movement [main scenario]
For the last few days the pair is moving in flat along the 1,3520 key level, Tenkan and Kijun lines are placed above the price and are moving in parallel, the price entered the ascending cloud and is moving inside, the further descending movement is being expected. We should sell the pair below the 1,3516 support level, set take profit at these support levels - 1,3503, 1,3487.
currency pair movement [alternative scenario]
If the pair fails to break through and get fixed below the 1,3516 resistance level, in such a case the further ascending movement till these resistance levels - 1,3529, 1,3539, 1,3560 is quite possible.
LEVELS
Resistance: 1,3520; 1,3529; 1,3539; 1,3560.
Support: 1,3516; 1,3503; 1,3487.
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