The price has finally broke the support of the sideways movement, now is very important to stay below 1178. We had a false breakout last week, the price has grown but unfortunately wasn’t able to reach the resistance from 1224. The price has broke the major support from 1180 again and if will stay below this level then probably we’ll have a downward movement and the price will try to reach the previous low. This could be a false breakout as well.
I’m surprised by this movement, if the price will decline further then the US dollar correction is at the end.


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