The pair was in a free fall on daily and finally met a horizontal support that wasn't broken.
A triple bottom was accompanied by a diagonal resistance breakout, and a minor horizontal structure breakout followed.
A bounce further up is therefore reasonable to expect.
SL is below the local low.
The ultimate target is the horizontal resistance on daily.
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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.