Price action on the daily timeframe is bullish, and price is now approaching the daily demand around the 1.8750 area. Expecting a reaction from this zone, with buyers stepping in and pushing price higher.
A break below this daily demand would indicate a transition in the trend and could open the door for further downside.
A break below this daily demand would indicate a transition in the trend and could open the door for further downside.
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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.