The trend is basically the same as that of USACAD, and they are currently at a relatively bottom.
If the price can return to above 92.5, the rise will continue
If the price can return to above 92.5, the rise will continue
Note
The weekly chart is in a W-shaped double bottom pattern, and the price has always remained above 91.36, so the probability of an upward test of 94 is still very high.
Note
As you can see on the monthly chart, the 0.618 sector of the Fibonacci fan supported the price.
Note
Quarterly chart, does it look like 'Inverse Head and Shoulders' pattern
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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.