On the monthly chart you can see a descending trendline that has been tested and looks to be broken on the daily, if broken on the weekly & monthly can be significant
Stop loss choices are 6.6 (9EMA weekly) or 6.2 (21 EMA weekly)
Take profit choices are 7.3 (has been resistance twice before) 8.0 (psychological level)
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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.