This currency pair’s bullish potential has run its course, and a decline is almost certain. Near the level of 0.91505, there is a good spot for sellers. There is a reasonable expectation that sales will fall within the given range of 0.91505. Ideally, the price should remain below the resistance line. Sales may begin right away in this scenario.
The support rests at 0.91380 with resistance at 0.91530. The pivot point at 0.91470 is located above the price line. The EMA of 10 is moving with a bullish bias below the EMA of 200 and the EMA of 100 which are showing a downtrend. Stochastic is moving in the high ranges with a crossword sell signal. The RSI is moving toward the level of 30 and the ADX is showing a downward signal. The MACD histogram is in positive territory with the signals showing an upward momentum.

• There is resistance at 0.91530, followed by resistance at 0.91620 and 0.91680.
• There is support at 0.91380. Below, there is 0.91320 and 0.91230.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.

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