This is fundamentally driven by the weakening US Dollar. Technically, the market is trading at around a support level (21 EMA) and has just broken above the iR. The PA is pointing upwards movement into the key levels above;
1. 0.575 psych level
2. Feb. Trading high
3. Purple foundation zone (lines up with 200 daily EMA)
1. 0.575 psych level
2. Feb. Trading high
3. Purple foundation zone (lines up with 200 daily EMA)
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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.