Our next area of support comes via our red box, this area has been used as very strong support and resistance in the past and this pairing respects key levels very well, this is a very good pairing to study if you are new to trading.
So where our next support level lies price should also meet a strong trend line, we will be watching price very carefully around this level because a bounce will see more bullish movement, but if price does happen to break such a strong level then price could fall making a lovely bearish run and you will be laughing all the way to the bank ;p
Remember this is not a signal and purely analysis for you to keep an eye out for so you can action your own trades... we are not going to wipe your ass for you ;p
So where our next support level lies price should also meet a strong trend line, we will be watching price very carefully around this level because a bounce will see more bullish movement, but if price does happen to break such a strong level then price could fall making a lovely bearish run and you will be laughing all the way to the bank ;p
Remember this is not a signal and purely analysis for you to keep an eye out for so you can action your own trades... we are not going to wipe your ass for you ;p