Preferred direction: BUY Comment: After yesterday's macroeconomic statistics, the currency pair dropped sharply to the support level of 1.09623. Such a rather aggressive approach favors a rebound from the level, thereby generating growth for the instrument. Growth from this level is expected in the very near future, as long-term accumulation will already indicate an increase in the strength of the seller and thus a fall towards 1.09000 and 1.08485.
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.
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.