This is an area previously has been supported, so I would look at this through the prism of a market that has broken through support, and now is trying to test that level for resistance.
The 1.24 level is the next major resistance barrier, and now we are starting to see the 50 Day EMA reach toward that level. Looking at the charts, the 1.26 level continues to be a major resistance barrier, and if we were to break above there then we could get a little bit of a relief rally going.
👆👆 📣XAUUSD GOLD FREE 💎 3-5 DAILY SIGNALS ‼️JOIN us ON TELEGRAM ‼️ Admin Haji221
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: