Given the ascending channel, the price is about touch the bottom line. If the line touches the bottom line and it start ascending, we recommend to take a long position, in which the Stop Loss is located at 1.06084, and the Take Profit, at the 1.06678. The Risk/Reward Ratio is 3.3.
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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.