Price action on the 15M chart is showing a well-defined falling channel. The pair recently bounced from the lower channel support, indicating that buyers are stepping in around this area.
📌 Key Observations:
Price is respecting the channel pattern.
Breakout attempt above the channel is visible.
Support zone holding near 0.6602.
Next resistance levels to watch: 0.6619 and 0.6635.
📌 Key Observations:
Price is respecting the channel pattern.
Breakout attempt above the channel is visible.
Support zone holding near 0.6602.
Next resistance levels to watch: 0.6619 and 0.6635.
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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.