Here on our 4 hr we can see a nice uptrend forming here.
Pair has been very bullish for sometime and now we see a rejection from the breakout of trend.
We now aim for the bears to take over to fall to around the 1.64400 level where we find a previous resistance zone .
After which we will be looking closely to see if it passes that zone or rejects this forming a new support for continuation for the upside
Pair has been very bullish for sometime and now we see a rejection from the breakout of trend.
We now aim for the bears to take over to fall to around the 1.64400 level where we find a previous resistance zone .
After which we will be looking closely to see if it passes that zone or rejects this forming a new support for continuation for the upside
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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.