An hourly price floor should be formed above 2.0555. If the price closes below this level, it will be difficult for the price to rise in this time frame. Of course, a temporary and corrective increase is possible, but it will be difficult to reach the price target of the upward trend.
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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.