Bullish scenario:
• We've been in consolidation for the fourth day already, and we need a break above 1.14850 to break down to test the 1.15000 level.
• Further positive consolidation could take us to the next resistance zone at 1.16000.
• And if the bullish momentum continues, then we can expect to visit the resistance at 1.17000.
• Additional resistance on 1.16800 is our MA200 moving average, and we were last above this moving average in June previous year.
• We've been in consolidation for the fourth day already, and we need a break above 1.14850 to break down to test the 1.15000 level.
• Further positive consolidation could take us to the next resistance zone at 1.16000.
• And if the bullish momentum continues, then we can expect to visit the resistance at 1.17000.
• Additional resistance on 1.16800 is our MA200 moving average, and we were last above this moving average in June previous year.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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t.me/NFT_crypto_news_trading_signals