The price is currently testing the lower boundary of this small corrective channel and is sitting just below the $1.4371 resistance.
After touching the top boundary of the major Rising Channel, the price began a short-term correction, forming a smaller, diagonal Descending Channel (the shaded area).
Bullish Breakout: A decisive break and close above the upper line of the small descending channel, followed by clearing the key horizontal resistance at $1.4371
TARGETS: $1.70 (Top of the major Rising Channel) 2. $1.90 (Psychological resistance)
Bearish Breakdown: A break and close below the lower line of the major Rising Channel
TARGETS: $1.1474 (The primary horizontal support - Green Line)
After touching the top boundary of the major Rising Channel, the price began a short-term correction, forming a smaller, diagonal Descending Channel (the shaded area).
Bullish Breakout: A decisive break and close above the upper line of the small descending channel, followed by clearing the key horizontal resistance at $1.4371
TARGETS: $1.70 (Top of the major Rising Channel) 2. $1.90 (Psychological resistance)
Bearish Breakdown: A break and close below the lower line of the major Rising Channel
TARGETS: $1.1474 (The primary horizontal support - Green Line)
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.