Market Outlook: Price is showing strong bullish momentum with support near MA(7) and potential to challenge higher resistance levels. Trend suggests continuation of the upward move.
Key Levels:
Resistance: 0.0904, 0.1143, 0.1383
Support: 0.0651, 0.0473
Trade Setup:
TP1: 0.0904
TP2: 0.1143
TP3: 0.1383
SL: 0.0650
Risk Management: Trade with disciplined position sizing, risking only 1–2% of capital per trade and strictly adhere to stop loss.
Overview: The pair is showing strong bullish momentum as it trades above short and medium-term moving averages. Buyers are stepping in, indicating a continuation of the upward trend. Key support levels hold steady, providing a solid foundation for further gains.
Trade Setup:
Entry Zone: 0.3350 – 0.3500
Targets (TP):
TP1: 0.3800
TP2: 0.4027
TP3: 0.4250
Stop Loss (SL): 0.3150
Risk Management: Trade with proper position sizing, do not risk more than 2-3% of your capital per trade, and adjust SL as price moves in favor.