Price is moving within a downward channel on the hourly timeframe, well adhered to it, and is heading towards a strong breakout and retest.
We see a bounce from the lower boundary of the downward channel. This support is at 0.7294
We have a downward trend on the RSI indicator about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry Price: 0.8327
Target One: 0.8729
Target Two: 0.9236
Target Three:
