Resistance - 0.7913, 0.7947-0.7953, 0.7993-0.80
Support - 0.7869, 0.7838, 0.78
Support - 0.7869, 0.7838, 0.78
- Pair's failure to take out falling trend line resistance (red) would expose support at 0.7869. If breached, would increase the risk of pair forming head and shoulder formation on the daily chart.
- An hourly closing above falling trend line resistance (red) could yield 0.7910 levels; especially since the hourly RSI at 61.00 is bullish.
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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.