GAUTRY 17.8.2023

Technical Analysis
Thursday, August 17, 2023 - 13:35
Point Trader Group

General trend: downward.
Expected scenario:
The pair is trading below the descending trend line, which enhances chances of a drop to 1643.
Alternative scenario:
The scenario fails and turns bullish, by breaking the bearish trend line, targeting 1660.
The most important levels
resistance:
1660 - 1690
support:
1643 - 1630

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