Price is oversold in day frame and showing some divergences in RSI, what indicates a probably bullish breakout. Only if price makes a bullish breakout, we could project the pair till 61,8 fibonacci retracement.
Disclaimer
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.
