Price seems to rebound in a bullish channel. High frames shows us a psychological resistance level(1,25)+ overbought RSI. Price probably will test that resistance. If it breaks, will have a bullish scenario, if not price will probably entry in a corrective structure (50%-61.8% fibonacci retracement).
Trade closed: target reached
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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.