The price bounces from the support zone formed by the uptrend line and 7.20 level. RSI and MACD histogram confirm price reversal. Profit targets should be near 10.00 and 11.30 levels. Stop orders can be placed below 7.40-7.50 level.
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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.