
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
2019-11-11 • Updated
The price is consolidating between the levels 1.3223 - 1.3164. At the same time, there's a "Double Top" pattern, which has been confirmed. So, the last high could be tested once again in the short term, but bears are likely going to reach the nearest support at 1.3164 - 1.3136 afterwards.
We've got a confirmed "Double Top", but there's a pullback from support at 1.3164. Therefore, the pair is likely going to achieve the nearest resistance at 1.3190 - 1.3223. If a pullback from these levels happens, there'll be an option to have another decline in the direction of the next support at 1.3164 - 1.3149.
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
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