The counter has broken its short-term bearish trendline on the hourly chart.
Also, the RSI indicator has signaled bottoming out by crossing the 30 level mark from below.
Hence, we expect the pair to move higher from here.
Also, the RSI indicator has signaled bottoming out by crossing the 30 level mark from below.
Hence, we expect the pair to move higher from here.
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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.