Keep an eye on the Daily Close for a potential Long
Chart says it all. Although there are already now clear signs of a bullish rejection, play it safe and wait for the Daily Close. If the entry criteria won't be met, no order will be opened on this one.
Note
Current view. Although yesterday's entry criteria have not been met, I'm still expecting an upmove. Short-term targets are 1.2700 and 1.2740. If we see a break and close above 1.2800, the next targets will be 1.2900 and 1.3150
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Related publications
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.