I am slightly bullish on this pair because
1) Price is consolidating at a POC level with a weekly major support below it.
2) The weekly candle ended with a doji candle - any bearishness is being absorbed by this candle.
3) Price ended above the Intraday control.
Therefore, as long as 1.626 is holding, I will be bullish.
1) Price is consolidating at a POC level with a weekly major support below it.
2) The weekly candle ended with a doji candle - any bearishness is being absorbed by this candle.
3) Price ended above the Intraday control.
Therefore, as long as 1.626 is holding, I will be bullish.
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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.