Technically price is overbought and CCI indicator shows a divergence.
If the price break above the upper channel the rally will be continue until next strong resistance around 0.9270 before the trend get reverse
If the price break below the lower channel it will short towards to 0.8800 region.
If the price break above the upper channel the rally will be continue until next strong resistance around 0.9270 before the trend get reverse
If the price break below the lower channel it will short towards to 0.8800 region.
Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.