I felt very weird for the last two weeks when this pair actually traded around 1.2500 as price doesn't fall towards 1.23 and below. Hence i decided to revisit the monthly chart to realize that because i missed out an important uptrend channel in my monthly performance post on EURUSD 2 months ago, the entire picture has changed.
Hence, could ~1.25 be the long term support or follow the mid term downtrend channel, i will need to see at least a weekly or monthly DOJI to have potential of reverting uptrend.
My sincere apology.
Hence, could ~1.25 be the long term support or follow the mid term downtrend channel, i will need to see at least a weekly or monthly DOJI to have potential of reverting uptrend.
My sincere apology.
