We can see that the pair touched a key support level and is now moving up (we can also spot a bullish pinbar which might be another indication). Another thing we can see is the bullish divergence and the oversold position the currency is in. I am therefore pretty sure that we will get a good profit from this.
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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.