We see continued support in play at 0.71800. Seemingly we are in play with a support and pivot presented on the 1 hour chart.
Our MACD/SIGNAL found key indicator support to set up for a cross to push momentum upwards. Naturally RSI will kick out of the oversold zone.
Follow previous patter and take profit .72500 ad wait for a retest. Stop loss below current support.
Please comment with thoughts and ideas. Thank you.
Our MACD/SIGNAL found key indicator support to set up for a cross to push momentum upwards. Naturally RSI will kick out of the oversold zone.
Follow previous patter and take profit .72500 ad wait for a retest. Stop loss below current support.
Please comment with thoughts and ideas. Thank you.
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Disclaimer
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.