The pair has reached a massive horizontal structure on the daily timeframe, which can be seen below.
The setup might give grounds for a long from within the structure, but a great deal of attention is to be paid to the price action within the supporting structure.
I will be monitoring the pair closely.
Guys, if you enjoy my analysis, why not hit this like button and subscribe? I really appreciate the effort!
Wish you all luck in your trading.
The setup might give grounds for a long from within the structure, but a great deal of attention is to be paid to the price action within the supporting structure.
I will be monitoring the pair closely.
Guys, if you enjoy my analysis, why not hit this like button and subscribe? I really appreciate the effort!
Wish you all luck in your trading.
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