On Daily chart I found demand zone at 1.06608 - 1.07347. There are two thinks that makes this zone very interesting:
1) Good profit zone: there is no opposite supply until 1.17500 - 1.18581
2) Bear trap: at point A we have important pivot low. Breaking this point will attract many people to sell.
1) Good profit zone: there is no opposite supply until 1.17500 - 1.18581
2) Bear trap: at point A we have important pivot low. Breaking this point will attract many people to sell.
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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.