The pair is in an ascending channel and bounced off sharply from its supportive trendline.
It broke a critical resistance of 0.74988 and is consolidating just above it.
Hence, we expect the counter to be bullish in the near-term.
It broke a critical resistance of 0.74988 and is consolidating just above it.
Hence, we expect the counter to be bullish in the near-term.
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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.