The price managed to continue to move up and eventually broke above $1.06736.
On Friday the price closed the day above $1.06736 resistance line which opened a door for the price for future move to the upside towards $1.07825.
If we take a look at the monthly time frame we can see the price has managed to close above the downtrend channel resistance line.
That means the price is free to move up and reach $1.07825 level.
On Friday the price closed the day above $1.06736 resistance line which opened a door for the price for future move to the upside towards $1.07825.
If we take a look at the monthly time frame we can see the price has managed to close above the downtrend channel resistance line.
That means the price is free to move up and reach $1.07825 level.
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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.