Since 4.07.2025 low, SUIUSD is showing the 5 swing bounce, which indicates that it will extend higher, once the pullback ends in 3, 7 or 11 swings pullback. Short term, it favors 3 swing pullback in A-B-C between 3.4859 - 3.0452 area before it resume higher. Further upside above 5.12.2025 will confirm the rally towards 5.85 or higher levels. But it and do double correction, if fail to break above 5.12.2025 high after ending the current pullback.
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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.