As we can see in the chart, the pair has been moving within a bullish structure and at the time of this publication the price is close to finishing the retracement of its last impulse. That said, there are two areas which could be the precursors of a new momentum, either this to continue its upward path or to continue falling. Although the ideal is always to look for operations based on confirmation, here I offer my ideas of long positions for risk
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.