Daily time frame broke the descending channel, giving a possibility of bullish trend formation.
Awaiting for Retesting the AOI @ 1.9000 Psychological level with a bullish confirmation candlestick/pattern in order to take long, target @1.9500
Awaiting for Retesting the AOI @ 1.9000 Psychological level with a bullish confirmation candlestick/pattern in order to take long, target @1.9500
Note
The AOI includes 1.9000 psychological level, 50%/61.8% Fib Level, Support/resistance area and 50EMA Trade active
Currently tested the 50% Fib Level, waiting for a bullish candlestick confirmation to go longGood Luck!
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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.