Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish
The market is trading around a solid horizontal structure 105.777.
The above observations make me that the market will inevitably achieve 108.336 level.
P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
ノート
Great beginning for a trade, let’s hope it goes further!