A price action above 3.85 supports a bullish trend direction.
Further bullish trend confirmation for a break above 4.05.
The target price is set at 4.15.
The stop-loss price is set at 3.80 (200-day simple moving average).
Fading downside price momentum supports the bullish trend.
Also retracting from the lower range of the Bollinger bands.
Further bullish trend confirmation for a break above 4.05.
The target price is set at 4.15.
The stop-loss price is set at 3.80 (200-day simple moving average).
Fading downside price momentum supports the bullish trend.
Also retracting from the lower range of the Bollinger bands.