On the 1H chart, the price is testing support at 1.046 zone. MACD suggest a potential downward movement. Also, the pair remains below the 100-period moving average (MA100).
🔼If the price rebounds from 1.048, further rise towards 1.04876 is likely.
🔽Alternatively, slide towards 1.047 support and lower is possible
🔷 😎 Choose "👍" if you expect a price will rise and "👎" if you expect a decline.
➡️➡️📲 TRY SABIOTRADE NOW
🔼If the price rebounds from 1.048, further rise towards 1.04876 is likely.
🔽Alternatively, slide towards 1.047 support and lower is possible
🔷 😎 Choose "👍" if you expect a price will rise and "👎" if you expect a decline.
➡️➡️📲 TRY SABIOTRADE NOW
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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.