On the hourly chart, we can see the price testing the key level of 189.333. There is a candlestick formation indicating a possible correction upward. The MACD suggests potential growth, even though the pair is trading below the MA(100).
Possible scenarios:
🔼If the prise break through 189.933 resistance we may see the rise towards 190.957.
🔽Otherwise, a slide towards 189.518 and lower support zone is possible.
😎 🔖 Click "👍" if you think the price will rise and "👎" if you think it will slide back.
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.