After bouncing off the strong daily level of 0.07500, we see price struggling at the 4h level of 0.07800.
If price finds momentum to break above this level, long entries or buying opportunities could be found when we scale into the lower time frames.
Target is around the resistance level of 0.08300. We'll wait patiently to see if this sets up.
If price finds momentum to break above this level, long entries or buying opportunities could be found when we scale into the lower time frames.
Target is around the resistance level of 0.08300. We'll wait patiently to see if this sets up.
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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.