I'm seeing a potential rally towards 1.0537 and possibly 1.0566. These two resistance serve as our target points and potential take profit. Price seems to have created an inverse head and shoulder pattern which can be easiest seen on 100 minutes timeframe. On the right shoulder, a potential double bottom is forming which signals we may see bullish movement soon
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.