As you can see, price is on a trading range for a week and has a strong support on 1.055.
This analysis is base on breaking the support.
Now we can define our expectation:
potential sell zone:
1.0685 to 1.071
Targets:
1.055
1.036
1.022
💡Wait for update!
🗓️29/12/2022
🔎 DYOR
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Trade active
As you can see price touched 1.07130 and moved down.60 Pips so far.
Still valid.
Note
TP 1 ✅More than 180 Pips so far!
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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.
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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.