On Daily,
There is a nice uptrend since Mid-November. the price came down and touch the trendline, and failed to close the previous Lower Low.
There is a very important historical Support/Resistant at 0.94000.
If breaks through and move Bullish with confirmation, ther ewould be a great uptrend opportunity.
On 1H,
it seems price rejection from the ttrend line is working so far, the price is way far from EMA's and that is another positive point to support the bullish idea for the price to bounce back up.
There is a nice uptrend since Mid-November. the price came down and touch the trendline, and failed to close the previous Lower Low.
There is a very important historical Support/Resistant at 0.94000.
If breaks through and move Bullish with confirmation, ther ewould be a great uptrend opportunity.
On 1H,
it seems price rejection from the ttrend line is working so far, the price is way far from EMA's and that is another positive point to support the bullish idea for the price to bounce back up.
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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.
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.