If the pair manages to withstand the bulls' pressure, it will open the way to test the support level at 1.16220. A successful breach of this level, 1.16220, will impose a bearish outlook, triggering a sell signal targeting the supports at 1.16111, 1.16057 and even lower at 1.15948. A protective stop loss at 1.16492 is highly recommended.
Price Action
Wednesday, August 20 2025

08:29 am (GMT +0300)
30 minutes Timeframe
Should the pair manage to exceed the resistance level at 1.16492, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.16111
Target 2
1.16057
Target 3
1.15948
Target 4
1.15812

Entry
1.16220

Stop Loss
1.16492
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Wednesday, August 20 2025

08:29 am (GMT +0300)
30 minutes Timeframe
If the pair manages to withstand the bulls' pressure, it will open the way to test the support level at 1.16220. A successful breach of this level, 1.16220, will impose a bearish outlook, triggering a sell signal targeting the supports at 1.16111, 1.16057 and even lower at 1.15948. A protective stop loss at 1.16492 is highly recommended.
Should the pair manage to exceed the resistance level at 1.16492, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
1.16111
Target 2
1.16057
Target 3
1.15948
Target 4
1.15812

Entry
1.16220

Stop Loss
1.16492
Trend Confirmation
Momentum
LWMA
MACD