The counter is currently in ABC- bull cycle.
It has completed its wave A and B of its cycle and is about to start its wave C.
We expect the price action support zone of 117.547-820 could act as a demand zone and initiate the rally.
Hence, we expect the pair to be bullish in the short-term.
It has completed its wave A and B of its cycle and is about to start its wave C.
We expect the price action support zone of 117.547-820 could act as a demand zone and initiate the rally.
Hence, we expect the pair to be bullish in the short-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.