Based on the weekly trendline I’ve drawn, the area around 0.4360 looks like a very attractive buy zone. The first target is the channel’s midpoint, and the second target is the channel top, which should be reached soon.
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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.