New support was formed at the level of 1.000 last week, it cannot be taken as a major area, the upside trend in the short term is only a correction for the main bearish trend.
The resistance level of 1.020 and its intersection with the trend line 4h and the 0.5 Fibonacci retracement and the moving average of 100 and 200 on the 4H timeframe is a good entry point in the short term
The resistance level of 1.020 and its intersection with the trend line 4h and the 0.5 Fibonacci retracement and the moving average of 100 and 200 on the 4H timeframe is a good entry point in the short term
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