At the moment, after updating the annual lows, the pair went up. Technical indicators are mixed, but we believe that against the backdrop of rising oil prices, the pair is able to continue its upward movement, even within the framework of correction, and test the 0.7210 mark. Therefore, the recommendation will look for points for entering long positions and setting a take-profit at the level of 0.72.
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.