From July 10, 2023, the price of 0.8500 was under the pressure of the sellers, and finally, after hitting the support area of 0.8500 several times, after 11 months, this support surrendered to the sellers. We will expect more short from the closing of daily candle below this area, and on the other hand, due to fundamentals, if the price rises above 0.8500, we can look for a suitable place to buy in the lower time forms, and if such an opportunity arises, we will update again.
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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.