The pair is currently in an ascending trend and it's forming an ascending triangle. The resistance level highlighted in on the chart can be tested one or several time before being broken. The best strategy would be to buy the pair as close as possible to the trend line or wait until the resistance level is broken and initiate the trend around the 1.348 level.
Trade active
This should be a good moment to initiate the trade
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.