Hi Traders! The price is in a descending channel and is testing the lower boundary.
🔹 Scenarios:
Buy if it breaks above 1.0845, with a stop loss at 1.0790 and targets at 1.0870, 1.0900, and 1.0950.
Sell if it breaks below 1.0780, with a stop loss at 1.0830 and targets at 1.0750, 1.0720, and 1.0700.
📊 RSI is in the oversold zone—a potential bounce is possible! Watch the price action closely.
📢 Stay updated with live market movements!
🔥 Smash that like button and show some energy! Let’s trade like pros!
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade at your own risk.
🔹 Scenarios:
Buy if it breaks above 1.0845, with a stop loss at 1.0790 and targets at 1.0870, 1.0900, and 1.0950.
Sell if it breaks below 1.0780, with a stop loss at 1.0830 and targets at 1.0750, 1.0720, and 1.0700.
📊 RSI is in the oversold zone—a potential bounce is possible! Watch the price action closely.
📢 Stay updated with live market movements!
🔥 Smash that like button and show some energy! Let’s trade like pros!
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade at your own risk.
📊 Indicators Insight: Precision tools make all the difference. bit.ly/3XywJjs
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
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.
📊 Indicators Insight: Precision tools make all the difference. bit.ly/3XywJjs
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
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.