Resistance – 0.7757, 0.7780, 0.7849
Support – 0.7724, 0.7683, 0.7649
Support – 0.7724, 0.7683, 0.7649
- Pair’s exhaustion as it neared head and shoulder neckline level of 0.7757 if followed by a break below daily low of 0.7724 (which would also mark failure to sustain above daily 5-SMA and 0.7735 (Apr 26 low) would open doors for a drop to 0.77-0.7683 (23.6% of 0.6981-0.8117).
- On the higher side, a day end closing above neckline of 0.7757 to signal short-term bearish invalidation.
Disclaimer
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.
Disclaimer
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.