The main ascending channel ranges between 1.3480 and 1.3880
A smaller rising channel was broken, previously ranging between 1.3620 and 1.3850
📌 Support Levels:
1.3480 (main channel bottom)
1.3400 (previous swing low)
1.3230 (major structural support)
📌 Resistance Levels:
1.3660 (short-term resistance)
1.3850 (channel top)
1.4000 (psychological level)
📈 Expected Move:
Price is currently testing the lower boundary of the main ascending channel. If a bounce occurs from 1.3480, the next upside target is likely 1.3660. A strong breakout above that could aim for 1.3850.
A smaller rising channel was broken, previously ranging between 1.3620 and 1.3850
📌 Support Levels:
1.3480 (main channel bottom)
1.3400 (previous swing low)
1.3230 (major structural support)
📌 Resistance Levels:
1.3660 (short-term resistance)
1.3850 (channel top)
1.4000 (psychological level)
📈 Expected Move:
Price is currently testing the lower boundary of the main ascending channel. If a bounce occurs from 1.3480, the next upside target is likely 1.3660. A strong breakout above that could aim for 1.3850.
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.