The pair is about to break the resistance level to the upside. Also, there is a formation of falling wedge which entails there is a possibility of long term bullish trend. It will be safe to take a trade after a break out and a retest of the upper trendline.
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.