The counter spiked up from the bottom.
However, the critical resistance at 0.91918 is capping the rally.
The MACD indicator which was bullish is also ebbing.
Hence, we expect the resistance to hold and flush down the pair to the lows.
However, the critical resistance at 0.91918 is capping the rally.
The MACD indicator which was bullish is also ebbing.
Hence, we expect the resistance to hold and flush down the pair to the lows.
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.
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.