ZRXUSD has just hit the 1.3390 Resistance level on 1D and the Channel Up (RSI = 57.637) has pulled back. This can either be an attempt to form a Higher Low (Highs/Lows = 0.0000) or a 1W bearish reversal (STOCH = 35.072, Williams = -57.526). If 1.3390 breaks, we will go long, TP = 1.5915. If 1.0134 breaks, we will go short, TP = 0.7870.
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.