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On the H4 chart, the price is moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues, the price may head towards the 1st resistance at 0.61565, which is in line with the previous swing high and 0% fibonacci line. Alternatively, the price may head back towards the 1st support at 0.59998, where the 61.8% Fibonacci projection line is located.
Trading Recommendation
Entry: 0.59998
Reason for Entry:
Previous swing high and 61.8% fibonacci projection
Take Profit: 0.61565
Reason for Take Profit:Previous swing high
Stop Loss: 0.58599
Reason for Stop Loss:61.8% fibonacci retracement.
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*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
El índice del dólar cotiza por encima de 93. El precio ha roto la resistencia a corto plazo y está alcanzando máximos y mínimos más altos. En publicaciones anteriores hablamos
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