PRICE Is squeezing on the h4 timeframe. Either direction is possible but Daily timeframe does have a bearish candle pushing price lower.
Looking to restest old demand zone for support around 1.6600 or go lower.
Looking at trendline break for indication for buyers in the market. Possibly waiting for lowest price to enter.
Looking to restest old demand zone for support around 1.6600 or go lower.
Looking at trendline break for indication for buyers in the market. Possibly waiting for lowest price to enter.
Note
Price is starting to break trend line. buyers look to be in the market.
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Related publications
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.