Price has finally broken out of the consolidation and sideways box that had been building in this pair.
Now price has broken out, all the traders not already long can look for quick pullback trades into the old resistance breakout area. This area could hold as a new support and a solid area to get long with the momentum higher.
Now price has broken out, all the traders not already long can look for quick pullback trades into the old resistance breakout area. This area could hold as a new support and a solid area to get long with the momentum higher.
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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.
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.