Strong bullish wave (a) ended at level 1.6710
then corrective bearish wave (b) rejected from key level at 1.6540
Price is based above HVN at level 1.6580 which indicates that pair is in accumulation phase
Price broke consolidation area
Above SMA 100
MACD shows start of bullish momentum
It's expected forming bullish wave (c) to target resistance level at 1.6845
then corrective bearish wave (b) rejected from key level at 1.6540
Price is based above HVN at level 1.6580 which indicates that pair is in accumulation phase
Price broke consolidation area
Above SMA 100
MACD shows start of bullish momentum
It's expected forming bullish wave (c) to target resistance level at 1.6845
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