Bullish scenario:
• We need to continue this positive consolidation and a break above 1.34000 to overcome the lover low of 15 November.
• We have current support in the MA20 moving average, and based on it, we can expect growth to the MA50 moving average in the zone around 1.35000.
• If this euphoria with a strong pound continues, our target is the upper trend line and MA200 around 1.36000 levels.
Bearish scenario:
• We need a new negative consolidation and a retreat below the MA20 moving average.
• Then we descend to the zone of great support around 1.32000, and a further break below that zone opens new this-year minimum.
• We need to continue this positive consolidation and a break above 1.34000 to overcome the lover low of 15 November.
• We have current support in the MA20 moving average, and based on it, we can expect growth to the MA50 moving average in the zone around 1.35000.
• If this euphoria with a strong pound continues, our target is the upper trend line and MA200 around 1.36000 levels.
Bearish scenario:
• We need a new negative consolidation and a retreat below the MA20 moving average.
• Then we descend to the zone of great support around 1.32000, and a further break below that zone opens new this-year minimum.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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t.me/NFT_crypto_news_trading_signals