- March 5, 2026
- Posted by: EWGFX
- Category: Technical analysis
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Structure: prolonged consolidation inside a rising channel → sharp upside impulse → pullback toward former structure support.
The current retracement appears corrective within the broader upward framework.
Key levels
Resistance: 0.7880–0.7900
Support: 0.7760–0.7770
Holding this demand zone may allow buyers to regain momentum and attempt another move toward higher levels.
A decisive move below this zone would weaken the recovery scenario and shift short-term pressure lower