Major Resistance Being Tested
Price action on the daily chart of this pair is now testing the major daily resistance level.
This level is a proven price flip level and in recent times has held as both a proven support and resistance level.
As the daily chart shows; price has now formed an inside bar and a bearish rejection candlestick at this level.
If we can get a sell lower from this level we could look for price to make a swing back into the support around 0.8738.
This level is a proven price flip level and in recent times has held as both a proven support and resistance level.
As the daily chart shows; price has now formed an inside bar and a bearish rejection candlestick at this level.
If we can get a sell lower from this level we could look for price to make a swing back into the support around 0.8738.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.