The price is trying to break out a critical resistance.

58
The price is moving in a horizontal direction between the support level at 1.33893 and the resistance level at 1.35075. Currently, the resistance level is tested by the price trying to break it out with the support of the Moving Averages while the Stochastic indicator is recording overbought, indicating the possibility of the price to rebound downward targeting the support line

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.