The price surged approximately 320 pip, as anticipated in our previous analysis. Today, maintaining stability above the All-Time High (ATH) is crucial to achieving further gains, with the next target at 21,360.
A confirmed 1-hour or 4-hour candle close above 21,215 would likely drive the price toward 21,360 and further to 21,500. Conversely, if the price stabilizes below 21,160 with a confirmed 1-hour or 4-hour candle close, a decline toward 21,075 and 20,990 is expected.
Trend Outlook Bullish: Upon breaking and closing above 21,215. Bearish: Upon breaking and stabilizing below 21,160.
PREVIOUS IDEA:
Trade active
As previously stated, the price increased by +170 pip, achieving a profit and reaching a new high of 21,334. It successfully surpassed the resistance level at 21,215 and continued to trade upward, approaching a new peak of 21,360.
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