On the 1 hour chart, we can see more closely the recent price action with the pair now trading at the support zone. If the price were to break above the black counter-trendline, we can expect the buyers to gain even more conviction and increase the bullish momentum, although a lot will depend on the US NFP report today as strong figures across the board will likely trigger
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.