Market is in strong uptrend. But it could come to retrace below 1.0750 Level to collect some liquidity as initial months do in the beginning, which is below the 50% mark as it can get best discount price in that region and intermediate term low sitting at that level. And it could result big uptrend towards long term target and reversing in the June/July. But we need to be aware of other factors as well such as Commitment of Traders, Any global news including many Elections that are happening in the year of 2024.
Disclaimer: This is not a trade idea. I am not a financial advisor. This is only for educational purpose.
Disclaimer: This is not a trade idea. I am not a financial advisor. This is only for educational purpose.