Bullish Indicators:
1) Trading in Support zone
2) Bounce from the lower trendline
Bearish Indicators:
1) LH LL
2) Resistance area 1.7114
3) Currently trading in downward channel.
Plan A: On the bounce from the lower trendline one can buy for the target of 1.7114 or the upper trendline.
Plan B: Failure to take a support from here once can take a short position for the target of 1.4600
1) Trading in Support zone
2) Bounce from the lower trendline
Bearish Indicators:
1) LH LL
2) Resistance area 1.7114
3) Currently trading in downward channel.
Plan A: On the bounce from the lower trendline one can buy for the target of 1.7114 or the upper trendline.
Plan B: Failure to take a support from here once can take a short position for the target of 1.4600
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