For today's forecast, we recommend a Buy Order at this recommended market price - 1.2885. This idea is based on the following analysis:
- Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Buy Order.
- The increase in sellers is observed both in the upward movement and in the retracement movements. Retail traders still believe in the possibility of price decrease.
- Here we see an accumulation of sellers "locked" with a loss positions. We consider this zone as a support.
