Top Forex Brokers – Forex Weekly news and analysis For April 1-7, 2025
The D1 TF shows a bearish flag pattern. The price remains below the EMA-200, signaling buyer weakness.
•Failure to break the 41365 support level may push the price to 42405;
•Consolidation below 41365 could drop it to 40,907 or even 40350.
After breaking the uptrend, the asset rose to test the 151.00 resistance. It is now testing the 149.18 support and the previously broken trend level.
•A rebound from 149.18 could drive growth to 154.32;
•A break below 149.18 may lead to a drop to 147.10.
The asset remains in a downtrend. The price has corrected to the 38.2 Fibonacci level but struggles to advance further.
•A break above the 73.40 resistance could drive growth to 76.50;
•A break below the 72.80 support and a new local minimum may trigger a decline to 71.40.
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