On the H4 time frame, prices are approaching the support zone at 130.50, in line with the graphical support zone and 50% Fibonacci retracement where a pullback to this zone could present an opportunity to play the bounce to the resistance zone at 134.50. Prices are holding above the Ichimoku cloud, supporting the bullish bisa.
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.