The counter has broken out of an asymmetrical triangle.
It is currently consolidating just above the break out zone.
Further, the MACD has turned bullish and the histogram bars are gaining strength.
Hence, we expect the pair to be bullish in the short-term.
It is currently consolidating just above the break out zone.
Further, the MACD has turned bullish and the histogram bars are gaining strength.
Hence, we expect the pair to be bullish in the short-term.
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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.