Another buy set up here
- Ascending channel with strong support and resistance zone
- Strong rejection at the support line of the channel
- Strong rejection at a key previous resistance zone at 1.4970 - a zone that can be traced back to 2023
- Following the 200 day EMA on the 1D time frame, this pair has been bullish overall since October 2023 - We are keeping with this trend with a buy order
- Stop set at 1.49000
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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.