Failed to trade above the resistance zone of 2.101
Currently, the weak reaction at the trendline suggests that it will be difficult for the pair to push higher.
If the trendline breaks, the downtrend may extend toward 2.08100 — a level where buyers are likely to step back into the market.
We are waiting for further price action around the 2.081 support zone to look for new trade signals.
If this level is broken, 2.061 will become the next target for all SELL positions.
On the contrary, if the price bounces from 2.081, strong buying momentum could emerge and potentially break through the 2.101 resistance, targeting 2.110.
Currently, the weak reaction at the trendline suggests that it will be difficult for the pair to push higher.
If the trendline breaks, the downtrend may extend toward 2.08100 — a level where buyers are likely to step back into the market.
We are waiting for further price action around the 2.081 support zone to look for new trade signals.
If this level is broken, 2.061 will become the next target for all SELL positions.
On the contrary, if the price bounces from 2.081, strong buying momentum could emerge and potentially break through the 2.101 resistance, targeting 2.110.
Dagangan aktif
The downtrend is still holding as analyzed. The signal is giving profit.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
☘️My Telegram Channel: t.me/VHTraderFX
Join me to get Trading signals, Trading knowledge for investors
Join me to get Trading signals, Trading knowledge for investors
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.