#USUAL
Summary:
General trend:
The price is in a downward correction phase after the top at 1.65.
Strong selling pressure supported by MACD and RSI indicators.
Support areas (buy):
1.05: Strong current support.
0.94: Major support to buy if the decline continues.
Resistance areas (sell):
1.25: First resistance to sell.
1.65: Very strong resistance to complete exit.
Recommendations:
Buy: at 1.05 or 0.94 with stop loss at 0.90.
Sell: at 1.25 or 1.65.
Warning:
The market is witnessing strong selling momentum, it is preferable to wait for confirmation of technical signals before making decisions.
Trading plan:
| Entry: 1.05 or 0.94 | Stop loss: 0.90 | Goals: 1.25 - 1.65 |