Price has been ranging between 1.65000 and 1.75000 area for more than 24 months. I think price is moving towards the 1.75000 area. Price is currently at a major support area, which has been respected and I think price will be moving to the upside.
The upper channel was broken. Price failed to make a HH and started making LH AND LL. I think price will be moving to the downside.
PRICE IS MAKING HH AND HL. MARKET IS IN AN UPTREND. I EXPECT PRICE TO CONTINUE GOING UP OVER THE LONG TERM. LOOK FOR BUYING OPPORTUNITIES
WE EXPECT PRICE TO GET TO SUPPLY AND GO SHORT TO THE DEMAND AREA
WE EXPEXT PRICE TO REACH SUPLY ZONE AND SELL FROM THERE.