Prices broke the resistance zone giving more room for a continuous bull trend, after forming a Higher Low @1.11800 near the low of the year @1.11080.
Possible targets: @1.14500 (+50pips) and @1.15000 (+100 pips).
Advice: Stay bullish and buy at any low point while we don't break down the resistance zone (became a support magnet) or 1.13000 bottom level.
Possible targets: @1.14500 (+50pips) and @1.15000 (+100 pips).
Advice: Stay bullish and buy at any low point while we don't break down the resistance zone (became a support magnet) or 1.13000 bottom level.
Note
Retest of the resistance zone : Prices are now ranging, awaiting for a breakout.
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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.