Negative divergence indicator of weakening uptrend proved to be prophetic. The supply side has used the above signal and at present, the currency pair is in the adjustment increases with the level of 1,1144-1,1465. Declines stopped at around the level 1.1266 (61.8% fibo recent increases). Given the strong oversold, we can assume that the demand SHOULD lead to a correction of growth in the area of resistance at 1,1325-43. (Lower limit of consolidation, which coincides with the 38.2% decline from the abolition of 1,1465-1,1273). Then the supply side should lead to deeper declines. Further props levels are 1.1240 (peak March 16) and 1,1215-18 (peaks of March 10). It should, however, keep in mind Thursday's readings, which can change the image discussed currency pair.
Alternative version of a return to the interior of consolidation 1,1325-1,1465.
Alternative version of a return to the interior of consolidation 1,1325-1,1465.