The near-term resistance is around 161.20, a breach above targets 162/162.89. Major bullish continuation only above 163.87. The immediate support is at 160.50 any violation below will drag the pair to 159.85/159/158.80/158.40/157.
Indicator (1- Hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Bullish. All indicators confirm a bullish trend.
It is good to buy above 161.25 with SL around 160.70 for TP of 163
Indicator (1- Hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Bullish. All indicators confirm a bullish trend.
It is good to buy above 161.25 with SL around 160.70 for TP of 163
Trade closed: target reached
Target achieved 163
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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.