Generally, the direction is uptrend, because the price is trading above the support of 1.0896.
Uptrend Side: Closing the 1-day candle above the 1.0896 level will significantly bolster the price, providing the momentum needed to potentially reach the 1.0950 mark and beyond. This threshold of 1.0896 will play a critical role in determining the future trajectory of the price, serving as a key decision point. If the price remains above this level, it is likely to continue its upward trend; however, if it falls below, it may indicate a potential reversal or consolidation phase. Therefore, monitoring the price action around the 1.0896 level is essential for predicting its future direction.
Downtrend Side: should the price stabilize under the support of 1.0896, the downtrend step will start toward 1.0865.
Tendency Keys: 1.0896