The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 0.5500 that is expected to be bounced from due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise with a strong uptrend
Entry price is 0.7500 The first target is 0.9797 Second goal 1.09 Third goal 1.22
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.