Quick idea.
Given that the pair has broken its key short-term resistance, the question here, can it remain above it by the end of the day. If so, this may lead the rate further north, possibly targeting some of the recent highs.
Please see the chart for details and the alternative scenario.
Don't forget your stop-loss.
Given that the pair has broken its key short-term resistance, the question here, can it remain above it by the end of the day. If so, this may lead the rate further north, possibly targeting some of the recent highs.
Please see the chart for details and the alternative scenario.
Don't forget your stop-loss.
Note
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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.