the pair is in weekly ascending channel .. and CMP (Current Market Price) is at lower border of channel that indicates that, technically the price should move up.. and at the same place, weekly support is also.
Note
if market break this support area then ll go more down and sentiment changed to sell.
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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.