Hello traders and investors!
I'll share the forecast I made in mid-March.
On the weekly chart, there's a sideways movement, with a bullish vector 5-6 targeting 0.69205.
On the daily chart, we also see a sideways movement, with a bullish vector 7-8 targeting 0.66345, 0.66676.
I'm awaiting price interaction with the daily targets to update the forecast.
For a more detailed explanation of how to read charts and consider different timeframes when looking for trades, you can refer to the article
I'll share the forecast I made in mid-March.
On the weekly chart, there's a sideways movement, with a bullish vector 5-6 targeting 0.69205.
On the daily chart, we also see a sideways movement, with a bullish vector 7-8 targeting 0.66345, 0.66676.
I'm awaiting price interaction with the daily targets to update the forecast.
For a more detailed explanation of how to read charts and consider different timeframes when looking for trades, you can refer to the article
Good luck with your trading!
On the weekly timeframe, the last candle shows a weak seller (volume and spread). I assume that the buyer will be able to reach the upper boundary of the sideways movement at 0.66676. If the buyer manages to break through 0.66676 and defend this breakthrough, it will correspond to the initial forecast.