On the 4H chart, The price has broken the 1.275 level, suggesting a potential move upward toward the Bollinger Bands' upper boundary. The pair is trading above the 100 MA, and the MACD indicates the possibility of continued growth.
🔼A breakout above 1.28 could lead to a move towards the 1.2848 area.
🔽While failure to break this level might cause a pullback to support at 1.275 and lower.
😎 Hit "👎" if you believe the price will rise and "👍" if you think it will slide.
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.