The pair is trading within a 1D Channel Up (RSI = 52.233, MACD = 0.004, Highs/Lows = 0.0000). The candle sequence is repetitive inside the pattern and that allows us to make the estimate that the price will rebound on that (inner) Higher Low (maybe a near double bottom) towards a new Higher High. TP1 = 1.9600, TP2 = 1.9800.
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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.