🔸4H CHART EXPLANATION:
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🔸Price bounced and the Resistance Zone and broke the Ascending Channel.
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🔸Our forecast was bearish on this pair, however, it has bounced at the Support Zone and made a nice upside move.
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🔸In case of a continuation of this movement, the potential target is the Resistance Zone at 0.7400.
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🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced and the Resistance Zone and broke the Ascending Channel.
.
🔸Our forecast was bearish on this pair, however, it has bounced at the Support Zone and made a nice upside move.
.
🔸In case of a continuation of this movement, the potential target is the Resistance Zone at 0.7400.
.
🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS: