So it rallied after it broke the symmetrical triangle and almost hit its target. This week opened with a negative gap which was partially closed. A local support has been set up around 1.3755/50. If the price will fall under this support then I believe the dip will continue all the way to 1.3700. On the other hand if the price will continue to rally (which I believe it is highly possible) and break 1.3815 than there is nothing to stop it until 1.3900 (maybe something around 1.3850)
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.
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.