In the weekly chart, it managed to break its 35-week trend line and is pullback to the trend line
If it can stabilize above the trend line, it can move the important weekly resistance once again (range 0.73943 to 0.76249)
If it can not stay above the trend line, the first support is in the range of 0.68 to 0.69720
I will wait for the type of trades next week to get the position
4H
https://www.tradingview.com/x/SqeaXneF/
15M
https://www.tradingview.com/x/BXBPSzFH/
1H
https://www.tradingview.com/x/FCWkQmgo/
If it can stabilize above the trend line, it can move the important weekly resistance once again (range 0.73943 to 0.76249)
If it can not stay above the trend line, the first support is in the range of 0.68 to 0.69720
I will wait for the type of trades next week to get the position
4H
https://www.tradingview.com/x/SqeaXneF/
15M
https://www.tradingview.com/x/BXBPSzFH/
1H
https://www.tradingview.com/x/FCWkQmgo/
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.