This pair has broken the daily descending trend line (as per the daily chart) and has retested and rejected this trend Line (as per the 4hr chart). We can see higher highs and higher lows on the daily chart and a bullish daily RSI. Once this pair has a more confirmed impulse to the upside, it will then confirm our bullish outlook.
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.
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.