I'm initially bear bias as we have a resistance zone above.
However, now that the resistance is broken, I am bullish on it and will look to long upon retrace back to support zone.
Disclaimer :
This analysis does not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose
However, now that the resistance is broken, I am bullish on it and will look to long upon retrace back to support zone.
Disclaimer :
This analysis does not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose