Since November 2017 the asset's price has been trading in a down trend, consolidating around 1.08800 levels where it found a great support that kept the price from making new lower low's. Last week the price finally broke the resistance line which movement give us another sign of a possible trend change. Righ now, the price is negotiating in a corrective process. After the correction that much probably will take us to aprox. 1.09920 level I expect a bullish movement.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved. CFD´s are very complex financial products that can result on the loss of most capital invested