UNIUSD looks bullish again
The price retested downsloping trendline which was the resistance in the past. Now it should be acting as a support.
It looks like the price is on the higher low trajectory and we can see some kind of inverted head and shoulders patter.
Targets are shown on the chart.
If the price comes back below the downsloping trendline, it would be invalidation of this bullish thesis.
Good luck
The price retested downsloping trendline which was the resistance in the past. Now it should be acting as a support.
It looks like the price is on the higher low trajectory and we can see some kind of inverted head and shoulders patter.
Targets are shown on the chart.
If the price comes back below the downsloping trendline, it would be invalidation of this bullish thesis.
Good luck
Comment:
bullish structure. More higher lows
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