After a sharp decline, the price may rise and stabilize above 116.37, which would likely increase the chances of a bullish correction toward the resistance level of 124.89. From there, we expect the price to decline, breaking below 116.37 and reaching the next support level at 108.45, potentially extending further until it touches the channel.
However, if the price breaks above 124.89 for any reason, the bullish trend is expected to continue toward 131.13 and beyond.
Tendency Keys: 131.13
Resistance Line: 124.89, 131.13, 140.24
Support Line: 116.11, 108.54, 96.29
However, if the price breaks above 124.89 for any reason, the bullish trend is expected to continue toward 131.13 and beyond.
Tendency Keys: 131.13
Resistance Line: 124.89, 131.13, 140.24
Support Line: 116.11, 108.54, 96.29
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
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Disclaimer
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about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.