The long-term weekly trend is still up - the upward channel is perfectly intact and we have only reached the 50% line. Current weekly close is inside a very interesting area, which could prove to be enough for the pair to correct higher.
I'll be tracking this one next week to find more clues on lower timeframes.
I'll be tracking this one next week to find more clues on lower timeframes.
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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.