Projected Price Path: The white-drawn path on the chart suggests a small pullback followed by a potential drop.
Probabilities:
Bearish Probability: Around 60-70%, due to the price being at the channel’s resistance and reacting to a strong resistance zone.
Bullish Probability: Around 30-40%, if the price successfully breaks and holds above the 0.5800 level.
Probabilities:
Bearish Probability: Around 60-70%, due to the price being at the channel’s resistance and reacting to a strong resistance zone.
Bullish Probability: Around 30-40%, if the price successfully breaks and holds above the 0.5800 level.
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.
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.