A price action above 5.50 supports a bullish trend direction.
IFurther bullish confirmation for a break above 6.00.
The target price is set at 6.50 (just below its 50% Fibonacci retracement level).
The stop-loss price is set at 5.00.
The 200-day simple moving average might act as major support.
Remains a risky trade.
IFurther bullish confirmation for a break above 6.00.
The target price is set at 6.50 (just below its 50% Fibonacci retracement level).
The stop-loss price is set at 5.00.
The 200-day simple moving average might act as major support.
Remains a risky trade.