The counter is currently in a short-term bull cycle (5-wave).
It has completed its near-term correction in the form of a bullish flag pattern.
We expect the flag to yield a bullish breakout and the pair to subsequently to move to the resistance levels of 1.63466 and 1.64052 for now.
It has completed its near-term correction in the form of a bullish flag pattern.
We expect the flag to yield a bullish breakout and the pair to subsequently to move to the resistance levels of 1.63466 and 1.64052 for now.
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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.