Long

XZC/USD

XZC is approaching the resistance zone of $3.69. If it can successfully break this resistance, we could see a move towards $4.06 and $4.68. Failure to break the resistance at $3.69 could lead to a move towards $3.26 and $2.84. The risk to reward ratio for longing at $2.84 would be very high with a stop loss below the lower wicks.
Technical Indicatorsxzc

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