Price is still consolidating in a fairly large range.
I really like the 1.49-1.48 support at the bottom of the trendline - great R/R there for an upside swing.
Higher timeframes point to more upside but it will take a few weeks to break out of the coil.. either way it needs to be on your watchlist
I really like the 1.49-1.48 support at the bottom of the trendline - great R/R there for an upside swing.
Higher timeframes point to more upside but it will take a few weeks to break out of the coil.. either way it needs to be on your watchlist
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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.