Bollinger Bands on the daily chart continue declining.
Upper band - 0.75390,
Middle Band - 0.74024,
Lower Band - 0.72914.
The price range is narrowing down, reflecting recent high volatility and a correctional growth is possible. MACD is growing.
Support levels: 0.7250 - which and the current local low,
0.7200 - The last time this level was hit was in April 2009. Resistance levels: 0.7300 - which is the the nearest level, 0.7327, 0.7370, 0.7400, 0.7448 - which is the 21st…