Technical Analysis : On the 1-hr time frame the price is trading within a bullish flag formation where the sellers are in control. Our expectation is a further move to the downside where we have the daily support @ 0.9791 level. This support might prove difficult and lead to a move upward to the 1.1661 mark. ------------------------------------------------------------------------------------- Trade Idea:
Buy Limit @ 0.9791 Take Profit 1 @ 1.1661 Take Profit 2 @ 1.2000 Stop Loss @ 0.9223
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.