a well defined uptrend channel and hold in the middle.
breakout of previous downtrend trendline and also above WEEKLY SMA-20, slightly lower than Day SMA-120.
looking forward to TP1 = 1.27588, TP2 ~= 1.30000 - 1.30650 (ULTIMATELY)
Very good entry can be 1.23315, but I dont think it would fall that far, more like entry price around 1.24900.
So generally speaking, dont think the sentiment is to down further, at least in near term.
breakout of previous downtrend trendline and also above WEEKLY SMA-20, slightly lower than Day SMA-120.
looking forward to TP1 = 1.27588, TP2 ~= 1.30000 - 1.30650 (ULTIMATELY)
Very good entry can be 1.23315, but I dont think it would fall that far, more like entry price around 1.24900.
So generally speaking, dont think the sentiment is to down further, at least in near term.