The pair looks like it will consolidate for a bit creating a range box. It can breakout long from the box to 1.3150. It can breakout short from the box to 1.2970. There it can bounce back long to 1.3150 or continue short to 1.2900. There watch for a bounce long again to 1.3150. Watch the macd blue line to cross over the red line for the momentum to the long side. Also watch the blue line to cross over the 0 level line to continue the bullish momentum.
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.