This pair has been sitting within it's range for a few weeks, following a longer term bearish channel prior to this. We have seen a small breakout to the upside from this channel and are looking to see how this reacts now.
We could expect to see a small pullback to the previous resistance of that channel, now acting as support and a bullish bounce off of that. As this is (at the moment) is only a small breakout there could be uncertainty and indecisiveness from the market on this move. Wait for confirmation of a potential bounce before any decision is made.
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We could expect to see a small pullback to the previous resistance of that channel, now acting as support and a bullish bounce off of that. As this is (at the moment) is only a small breakout there could be uncertainty and indecisiveness from the market on this move. Wait for confirmation of a potential bounce before any decision is made.
Follow for more.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.