GU Analysis - Long
Daily: The pair is currently in a short-term uptrend. The pair has respected the uptrend as it printed a hammer on the trend line. This signify that the corrective rally would continue as it target the upside at 1.35 & 1.355. Look for favorable entry on H4.
H4: The pair has printed a strong bullish candlestick as it closed above psychological level 1.34. This indicates that there would be more bullish momentum left. Wait for a more favorable entry.
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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.