🔸4H CHART EXPLANATION:
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🔸Price is on an uptrend.
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🔸Now, it is making a corrective move towards the Support Zone at 1.79700.
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🔸 We are waiting for a definition here. If it bounces, then it has potential to reach the Resistance Zone at 1.82500, but, if the zone is broken to the downside, then we could see a bearish move towards the Support Zone at 1.76500.
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🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price is on an uptrend.
.
🔸Now, it is making a corrective move towards the Support Zone at 1.79700.
.
🔸 We are waiting for a definition here. If it bounces, then it has potential to reach the Resistance Zone at 1.82500, but, if the zone is broken to the downside, then we could see a bearish move towards the Support Zone at 1.76500.
.
🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS: