Charts: Daily and weekly
Indicators used: 200 SMA (Green) and 60 SMA (Red), Stochastics, Elliot Waves, Chart Pattern and S&R Levels

Daily Chart:
60 SMA : Candle bar close price is just near the SMA. SMA is rising.
200 SMA : Candle bar close price is below the SMA. SMA is rising.

Weekly Chart:
60 SMA : Candle bar close price is below the SMA. SMA is rising.
200 SMA : Candle bar close price is below the SMA. SMA is rising.

Wave Formation:
The pair is likely at the 3rd wave of the bearish 5 emotive waves..

Chart Pattern:
The pair is starting to form a declining channel.

Stochastics:
Daily : The main is at around 50 level and is rising.
Weekly : The main is at around 30 level and is falling.

Important Support & Resistance levels are
1.5160
1.4740
1.4380
1.4170
1.3800







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