I am looking for a long trade at current prices.
Conservative targets at 108.4 - 108.5 range
NB: The daily and weekly candles suggest the longer term trend is bearish
- The 2-period RSI is overbought
- Price recently broke out above, and is now retesting dynamic support on the 50EMA
- A bullish inside bar has formed
Conservative targets at 108.4 - 108.5 range
NB: The daily and weekly candles suggest the longer term trend is bearish
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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.