Resistance
0.8932
0.8967
0.9049
Support
0.8880
0.8755
0.8725
Comments – The breach of the rising trend line needs to be followed up with a bearish close below 0.8880 (double top neckline). Such a move would open doors for a deeper retracement to 0.8755-0.8725 area. On the higher side, a rebound from 0.8880 followed by a break above 0.9049 (Nov 2 high) would open doors for 0.9150-0.92 levels.
0.8932
0.8967
0.9049
Support
0.8880
0.8755
0.8725
Comments – The breach of the rising trend line needs to be followed up with a bearish close below 0.8880 (double top neckline). Such a move would open doors for a deeper retracement to 0.8755-0.8725 area. On the higher side, a rebound from 0.8880 followed by a break above 0.9049 (Nov 2 high) would open doors for 0.9150-0.92 levels.
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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.
Related publications
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.