From the beginning of the month, MblUsd dropped hard and found support only after 75% dive in 0.01 important zone.
The drop is contained in a falling corrective wedge and this gives me reason to think that a new leg up will follow.
0.014-0.015 could be a good zone for buyers and 0.025 zone could be the target.
The drop is contained in a falling corrective wedge and this gives me reason to think that a new leg up will follow.
0.014-0.015 could be a good zone for buyers and 0.025 zone could be the target.
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🎯 Want More Trading Ideas?
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📈 Join the FREE Forex & Gold Channel
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Related publications
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.