Market Analysis: The pair has reached the triangle resistance zone. If the resistance hold we can expect a down trend to the triangle support level.
Alternate scenario: If the resistance breaks can expect a new uptrend to the next major resistance level. So lets see what the market does in the coming days. Cheers!
Alternate scenario: If the resistance breaks can expect a new uptrend to the next major resistance level. So lets see what the market does in the coming days. Cheers!
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.