- For a while now, the Current Ratio indicator provides an opportunity for Long trade. We are using this signal as a basis for today’s trading forecast.
- The activity of "fresh" sellers in a downtrend may indicate that the market expects the recovery of the bear trend. However, according to our analysis, this movement is corrective and we expect the price to go up
- Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
- We are focused on the breakdown of the previous peak, the target at the level of 0.677.
Chart & Analyst Comments
