The asset is in an untouched demand zone that was formed around the first week of May. Will the bulls regain momentum and overcome 12.77 10 EMA? Or will the bears drag price down below 12.50 region? Also the 12.53 region on the day chart is a key level, so if it breaks below the bears have an upper hand and possible CHoC to the downside on daily.
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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.