ON THE 4H Price retest and respect the newly formed support and eventually breaks through the trend line creating a good buy setup with the ema 14 crossing over the ema 50.
ON THE DAILY After the bulls took control of price from the demand zone, Price broke through the 0.27/0.28 resistance zone and retested it turning it to a support zone which makes a great buy setup showed with the green arrow Price also broke through the ichiomoku cloud. Price seem to be headed for the next resistance zone around the 0.43 , cause price is in an upward trend
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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.