Trend: The trend appears to be bullish, with the price moving above the 1.490 level1
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Support Levels: Key support levels to watch are 1.485 and 1.470. If the price remains above these levels, it could indicate further upside potential.
Resistance Levels: The nearest resistance is around 1.500. A break above this level could reinforce the bullish outlook.
Technical Indicators: The Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
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Support Levels: Key support levels to watch are 1.485 and 1.470. If the price remains above these levels, it could indicate further upside potential.
Resistance Levels: The nearest resistance is around 1.500. A break above this level could reinforce the bullish outlook.
Technical Indicators: The Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
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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.
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.