1. Price swing within up-trending channel.
2. Currently testing up-trending support lines
3. Potential renounce at support lines to test down-trending resistance.
4. Once break out- will test following resistances.
R1 - 0.97
R2 - 1.00
R3 - 1.10
2. Currently testing up-trending support lines
3. Potential renounce at support lines to test down-trending resistance.
4. Once break out- will test following resistances.
R1 - 0.97
R2 - 1.00
R3 - 1.10
Note
strong break out from Resistance 1.0..To test next Resistance zone 1.10 -1.14.
Bullish Up Trend formed.
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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.