The pair is oversold and we can see bullish divergence from RSI and MACD on 4H chart, Plus bullish harmonic butterfly pattern on daily chart. At the moment the risk is low for this trade, as stops placed below last low. Additional confirmation : if price breaks 130.30 resistance with targets around 132.00
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.