Key Resistance Coming Into Play
Since March of this year this pair has been in a roaring trend higher.
However, in recent weeks price has been attempting to make a reversal with a 1,2,3 pattern on the daily chart.
The level price is now pushing back into looks crucial for this pair.
For any potential reversal lower this level will need to hold as a price flip resistance.
If we can see that price action play out, then we can look for a move back into the recent support with a potentially bigger leg to come.
However, in recent weeks price has been attempting to make a reversal with a 1,2,3 pattern on the daily chart.
The level price is now pushing back into looks crucial for this pair.
For any potential reversal lower this level will need to hold as a price flip resistance.
If we can see that price action play out, then we can look for a move back into the recent support with a potentially bigger leg to come.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.