It found solid support around 1.10649, and now we’re simply waiting on a retest and breakout toward the next key levels: 1.15729 to 1.16921.
This is exactly why I emphasize the importance of analyzing multiple timeframes simultaneously.
Too many traders rely on a single screen and flip between timeframes — often missing the bigger picture. The higher timeframe always tells the true story.
Zoom out to level up.
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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.