looking right from weekly timeframe,, we would notice last week candle formed a doji candle at all time low, and we know this pair to be extremely oversold,, like wise we have a counter line above too which we might look for the the breakout as a confirmation, also noticed the lower highs which is also telling us that the buyers are gradually getting in control
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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.