🔸4H CHART EXPLANATION:
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🔸Price is on an uptrend, moving on an Ascending Channel.
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🔸We consider that this pair has bullish potential, however, we are waiting for a breakout of the Resistance Zone at 127.00 before considering long positions.
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🔸If the zone is broken, the next bullish target is the Resistance Zone at 129.00.
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🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price is on an uptrend, moving on an Ascending Channel.
.
🔸We consider that this pair has bullish potential, however, we are waiting for a breakout of the Resistance Zone at 127.00 before considering long positions.
.
🔸If the zone is broken, the next bullish target is the Resistance Zone at 129.00.
.
🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS: