Long-term trading signal for the Dollar pair $GPS 🟢

Bounce from support zone 1.842

$GPS

Increasing pressure with recovery

Potential retest of resistance level 2.07

The Dollar pair for Paris Saint-Germain bounced from its low at 1.842 with good trading volume. Its price shows an upward trend to regain the resistance range of 2.00-2.07.

Trading settings:

Entry point: 1.87 - 1.89

Stop loss: 1.83

Take profit: 2.03 / 2.08

Margin: 2-3% of capital

Leverage: 10 times

Market outlook: The market is bullish in the short term. A breakout above 2.08 may lead to further upward momentum.

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