The counter is in a bull cycle, making higher highs continuously.
A trendline can be drawn as well connecting the higher lows.
And now the pair is hovering around the trendline and taking support.
We expect the rally to continue further and the pair to cross the recent high.
A trendline can be drawn as well connecting the higher lows.
And now the pair is hovering around the trendline and taking support.
We expect the rally to continue further and the pair to cross the recent high.
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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.