This is purely 100% on Technical Analysis view.
Right now price on Weekly Resistance Become Support (RBS) area, where it a potential Buy area. The same area also exactly on Daily Rally Base Rally (Demand) area. Additionally, it's fall on H4 Trendline to support the price. This 3 thing are confluence at same place.
BUT, bare in mind about Fundamental of USD.
Right now price on Weekly Resistance Become Support (RBS) area, where it a potential Buy area. The same area also exactly on Daily Rally Base Rally (Demand) area. Additionally, it's fall on H4 Trendline to support the price. This 3 thing are confluence at same place.
BUT, bare in mind about Fundamental of USD.
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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.