A price action above 0.6705 supports a bullish trend direction - hinting to a risk-on environment.
Crossing below this level will negate the bullish stance.
Further trend support for a break above 0.6800.
Consolidation price range from 0.6750 to 0.6845.
Crossing above 0.6845 might target 0.6990.
Crossing below 0.6750 might be the first sign of pending weakness.
Remains a risky trade.
Also see the falling wedge pattern, with number notation 1 to 5, as well as the insert.
Crossing below this level will negate the bullish stance.
Further trend support for a break above 0.6800.
Consolidation price range from 0.6750 to 0.6845.
Crossing above 0.6845 might target 0.6990.
Crossing below 0.6750 might be the first sign of pending weakness.
Remains a risky trade.
Also see the falling wedge pattern, with number notation 1 to 5, as well as the insert.