Bullish Indicators:
1) Support zone at 112.542 Fib level 38.20%
Bearish Indicators:
1) Resistance zone at 114.661
2) Downward trend
3) LH LL
Plan A: One can take short position from here for the target of 112.542 and 112.
Plan B: If the pair break the lower ascending trendline with bullish candle one can take long position for the target of 114.661.
1) Support zone at 112.542 Fib level 38.20%
Bearish Indicators:
1) Resistance zone at 114.661
2) Downward trend
3) LH LL
Plan A: One can take short position from here for the target of 112.542 and 112.
Plan B: If the pair break the lower ascending trendline with bullish candle one can take long position for the target of 114.661.
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.
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.