Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.0527). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . MATICUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support.
How do you see chances of it going near ATH or higher?
ForecastCity
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@MuMPiTz, We provide technical analysis based on price action. We do not predict the price and how much it will go up or down. We open a position when there are good and visible entry signals (visit our website and read the article about Simple Entry Methods). And we set the upcoming resistances as the TPs since the price may not be able to break any of the forthcoming resistances and tends to go down again.