We currently have bullish momentum after a trendline break with a possible test of the resistance level at 1.10447 if we reach this level, we expect a possible retracement however, if there is a big momentum push through the 1.10447 level then we expect a target of the second resistance level at 1.10668 and the the long term resistance level at 1.10950
We will continue to keep a close eye on this one and will alert you of further potential opportunities to come. Please remember to like and comment.
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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.