Impulsive move to the up side expected.
On the monthly timeframe , the market is currently ranging. Since it's at its lowest, we're expecting a strong buy to the zone(Target) at 0.71743.
Multiple touches on the ascending trend line, as well as a slight pullback back to the 0.69999 level would give us an overview to look at buying the pair.
Multiple touches on the ascending trend line, as well as a slight pullback back to the 0.69999 level would give us an overview to look at buying the pair.
Trade closed: target reached
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.