Directional movement is stalled currently, as highlighted by the lateral 55 SMA.
We need a break of either the short-term support or short-term resistance in order to start
trending movement again.
Patience is required for now.
We need a break of either the short-term support or short-term resistance in order to start
trending movement again.
Patience is required for now.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
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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.