Pair’s rebound from rising trend line on hourly if followed by a break above daily open of 110.19 would add credence to bullish crossover between daily 5-SMA and 10-SMA and shift risk in favor of a re-test of 110.60 levels.
On the lower side, break below hourly 200-MA at 109.31 would expose support at 108.50 levels.
On the lower side, break below hourly 200-MA at 109.31 would expose support at 108.50 levels.
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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.