Prices showing a rejection on the support structure indicating a bullish takeover
Prices showing rejection on the support structure indicating a bullish takeover
Clear picture of the earlier analysis of the pair
Multiple touches on the trendline will see prices push up to reach previous levels of 1.21515
Double bottom formation signaling a good buying opportunity, since prices have shown to respect key areas of support and resistance.
Prices respected our trendline and gave us a third touch then shot up. At the current price we expecting a retest at our area of support then a continuation to the upside DISCLAIMER: volatile market use proper risk management