After hitting the previous support level, can do a breakout. Buy point area is 0.7964.
Just my opinion. If need to make the correction, please do comment.
Bounced back after touching 200 ema, 20cents might provide a good support, RSI looking good, can touch its first resistance level and after that looks bullish.
I am a beginner in trading analysis and here are my chart basics that I want to share with you. Please do comment if I am right or wrong about my analysis.
According to me, selling pressure is high, there is a high chance of falling price towards 87c where I think it has good support. Also, it touches 100sma which IMO is a good symbol for a long breakout.
