The price started the week with a small bullish candle and ended the week with a small bullish candle which makes the week bullish.
Thursday and Friday candles returned the price higher and closed the week as a bullish.
The price is now inside the indecision area which the price needs to break to determine future move.
With these strong resistance levels the price will have a hard time to break above, but if the price manages to close above $1.22000 level the next target is $1.23000 which is the next confluence of resistance levels on a daily and weekly time frame.
Thursday and Friday candles returned the price higher and closed the week as a bullish.
The price is now inside the indecision area which the price needs to break to determine future move.
With these strong resistance levels the price will have a hard time to break above, but if the price manages to close above $1.22000 level the next target is $1.23000 which is the next confluence of resistance levels on a daily and weekly time frame.
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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.