On monthly time frame there is price rejection from the key support area.
RSI divergence is also indicating a possible reversal.
A strong bullish move up to 1.20000 (to meet the 200 MA) is a high possibility.
Stop is just below the previous lows at 1.03850.
RSI divergence is also indicating a possible reversal.
A strong bullish move up to 1.20000 (to meet the 200 MA) is a high possibility.
Stop is just below the previous lows at 1.03850.
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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.