Key resistance levels on the chart:
– 0.8715
– 0.8800
Price is currently in a sideways range after a long downtrend, showing signs of stabilization above a previous support zone
Trading idea: watch how price reacts to 0.8620
A breakout and close above it signals a move toward 0.8715
Rejection could lead to a retest of the recent low near 0.8350
– 0.8715
– 0.8800
Price is currently in a sideways range after a long downtrend, showing signs of stabilization above a previous support zone
Trading idea: watch how price reacts to 0.8620
A breakout and close above it signals a move toward 0.8715
Rejection could lead to a retest of the recent low near 0.8350
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.
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.