After the breaking out of the 21 moving average in the daily chart and the signals that are giving us the technical indicators, we have an opportunity to go long in this pair. So, i've marked the entry point in the 50% retracement of the fibonacci in the last day candle; expecting that the price goes down until the blue moving average.
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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.