The trend may turn
At the moment, we are seeing accelerated weakening of the dollar and high volatility for our pair. We observe how the pair easily overcame several levels of resistance and is currently approaching the 1.3040 mark. On the 4-hour chart, the price exceeded the average moving period of 120, and therefore we assume that the trend is upward.
We believe that in this situation it is worth looking for points to enter long positions. Consider the marks of 1.3040, 1.31 and 1.3150 as your goals.
We believe that in this situation it is worth looking for points to enter long positions. Consider the marks of 1.3040, 1.31 and 1.3150 as your goals.
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