1. It's going to break out of the falling wedge.
2. Bullish divergence + cross on MACD.
3. Rate hike next week.
2. Bullish divergence + cross on MACD.
3. Rate hike next week.
Note
One more reason to go long: 0.88-0.89 area is a strong support zone (see @2014 & @2021 on monthly chart)
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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.