Based on a very simple technical analysis, I have come to realize that we can potentially see an Upward movement. If you consider entering a long position be sure to wait for the retest on the light blue zone.
Controversially, we could see the price reach the 1.12 zone and potentially enter a short position. Always wait for the retest.
Controversially, we could see the price reach the 1.12 zone and potentially enter a short position. Always wait for the retest.
Note
wait for the retest on the 1.12 level and consider a short position.
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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.