Halted by the 6.0600 level of support from a decline, the parity price is swinging. The price is consolidating inside a descending triangle. Once the price reaches the triangle’s tip, we may expect a breakout. 6.2020 and 6.2400 will be our upward targets. In the mid-term, 6.3500 will be eyed.
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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.