- The Current Ratio indicator, which is used for quick market sentiment analysis, provides Buy signal at the moment.
- In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
- The idea of this Buy forecast is based on a long-term upntrend, which is confirmed by the MVP indicator dynamics.
- The first target is at the level of the previous peak - 1.342, and the second one, in case of an active price increase, is at the level - 1.345
Chart & Analyst Comments
