The rate dropped significantly today and recovered after the yesterday’s impressive rally. Is retesting the broken fifth waring line (wl5) of the former descending pitchfork, the 1.1536 broken horizontal resistance (resistance turned into support) and the upper median line (uml) of the minor descending pitchfork.
A rejection from here will send the rate much higher in the upcoming period, the next target will be at the 1.1621 previous high.
