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In the intermediate-term, the pair is just above the newly visited price levels around 0.9600 that haven't been visited since 2002.
That's why, some bullish recovery was recently demonstrated especially around such an important psychological support.
The nearest supply level was located around 1.0200 where bearish rejection and a short-term SELL Entry were anticipated.
Hence, another bearish pullback to test the price levels of 0.9500 was recently executed.
Intensive bullish price action was demonstrated around the lower limit of the current movement channel. Initial bullish targets around 1.0150 and 1.0500 were already reached.
Price action around the key-level of (1.0500) was quite bullish. That's why, further bullish continuation towards 1.0650-1.0700 was demonstrated.
On the other hand, any quick bearish pullback towards the price levels of 1.0000 should be considered as a valid BUY opportunity.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
