After breaking the down trend and consistently making higher highs, it signals a trend reversal. With the rejection on the 52 SMA, it is a good signal to enter to the next phycological resistance which is 1.60000. #daytrading
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.
