The price reached the bottom formed by 1.08300 and 1.08100 support levels. RSI confirmed a possible reversal, but this signal does not come from the oversold zone. Anyway, the market can bounce and move upward. MACD histogram supports buyers.
If the price stays above 1.08100 level, it will be possible to think about buying. For this, we can use the daily and hourly charts with additional bullish signals.
The market should be added to a watchlist as a new trade opportunity can be provided during this week.
If the price stays above 1.08100 level, it will be possible to think about buying. For this, we can use the daily and hourly charts with additional bullish signals.
The market should be added to a watchlist as a new trade opportunity can be provided during this week.
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