This pair saw a large spike down this morning but has briefly settled at support 1.
On the higher timeframe it has been in a long bullish trend, but as we stand due to the spike down we are now in an oversold zone in a bullish market. The price is settling nicely at a double bottom with a trending support too.
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On the higher timeframe it has been in a long bullish trend, but as we stand due to the spike down we are now in an oversold zone in a bullish market. The price is settling nicely at a double bottom with a trending support too.
Follow for more.