The price has broken the descending trendline and is attempting to break above the 200 EMA. A retest of the support level at 1.15 is possible, followed by a potential rise towards the 200 EMA.
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Disclaimer
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.