On Daily,
We hit 200 EMA (BLue Line) and reversed the move as this was a major pull back since Mid January. Price failed to match the previous High and it seems it's poinsed to go back down, so far.
On 1H,
we broke through all three EMA (200, 50, 20) and match the previous low at 1.25600.
if we break through this support, we can go down to next psychological Support/ Resistant at 1.24800.
We hit 200 EMA (BLue Line) and reversed the move as this was a major pull back since Mid January. Price failed to match the previous High and it seems it's poinsed to go back down, so far.
On 1H,
we broke through all three EMA (200, 50, 20) and match the previous low at 1.25600.
if we break through this support, we can go down to next psychological Support/ Resistant at 1.24800.
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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.
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.