The counter is currently is a descending channel pattern.
It hit the lower parallel and bounced off with an ascending channel pattern.
Hence, we expect the pair to trade with positive bias in the short-term.
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.