Volume coming in as the 3.60 level converts from resistance to support, verifying the longer term divergence visible in momentum indicators.
Short term targets can be taken from the fib levels for the up trend (from Jan 2019), or the longer preceding downtrend (from ~2016).
Short term targets can be taken from the fib levels for the up trend (from Jan 2019), or the longer preceding downtrend (from ~2016).
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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.