The counter is currently in a bull cycle and it is in corrective phase in the form of wave 4.
Further, the correction is in the form of a bullish flag pattern.
And the critical support level of 0.90194 which acted as resistance will provide support in case pair comes down.
Hence, we advise the traders to go long on the break of the flag pattern and until the pair stays above the support.
Further, the correction is in the form of a bullish flag pattern.
And the critical support level of 0.90194 which acted as resistance will provide support in case pair comes down.
Hence, we advise the traders to go long on the break of the flag pattern and until the pair stays above the support.