USDILS - At Clear Support Zone. Towards 3.61000?FOREXCOM:USDILS is at a support zone that has consistently acted as a reversal point for bearish trends. The current market structure suggests that this support zone could once again provide a potential buying opportunity—provided that there is clear bullish confirmation.
If buyers confirm their presence with signals like long lower wicks or bullish engulfing patterns, we could see a move toward 3.61000.
However, a break below this support would invalidate the bullish scenario and signal potential for further declines.
Key Levels to Watch:
Bullish Target: 3.61000
Stop Loss: Below the support zone
Patience is crucial—wait for clear bullish confirmation before entering long positions. What’s your view on this setup? Share your thoughts in the comments!
