The pair is trading within a 1W Rising Wedge
= 59.298, MACD
= 0.080, Highs/Lows = 0.0000). Yesterday not only it made contact with the Higher Low trend line
, but also touched the 1D MA50 (blue line). This indicates that the price has more probabilities to rebound towards a new Higher High. Our Target Zone is 10.400 - 10.500.
** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingS...
) to get more daily ideas. **
Comments and likes are greatly appreciated.