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Trend analysis (Fig. 1).
The pound-dollar pair may move upward from the level of 1.2228 (closing of Friday's daily candle) to 1.2301, the 76.4% retracement level (red dotted line). In the case of testing this level, a downward pullback is possible to 1.2213, the historical support level (blue dotted line). After testing this level, the price may move up.
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion:
Today, the price may move upward from the level of 1.2228 (closing of Friday's daily candle) to 1.2301, the 76.4% retracement level (red dotted line). In the case of testing this level, a downward pullback is possible to 1.2213, the historical support level (blue dotted line). After testing this level, the price may move up.
Alternatively, the price may move upward from the level of 1.2228 (closing of Friday's daily candle) to 1.2301, the 76.4% retracement level (red dotted line). After testing this level, the price may continue to move up.
*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।
