Today’s bullish move to a high of 1.3295 is a welcome development, however, bullish momentum is seen gathering pace only above 1.3315 (23.6% of 1.5019-1.2789), in which case the spot could test major hurdle at 1.3363 (50% of Fibo extension).
On the other hand, fresh sell-off is seen happening only below 1.3054 levels. Unless, we don’t see a breach of 1.3315-1.3054, traders could continue to play the range.
On the other hand, fresh sell-off is seen happening only below 1.3054 levels. Unless, we don’t see a breach of 1.3315-1.3054, traders could continue to play the range.
Related publications
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.
Related publications
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.