Current Price Action: The market is moving in an uptrend, and the price is currently around 1.7910, just below a possible resistance level.
Possible Trade Setup:
Support Zone: A potential pullback is anticipated into the grey-shaded zone between 1.7824 and 1.7900. Long Entry: After the pullback, a bullish move is expected. The target is around 1.8060, marked in the green box. Bullish Continuation: The chart suggests entering a long position upon a retracement to the support level, expecting further upward movement.
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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.