$RAY /FDUSD BOUNCING FROM SUPPORT — BREAK ABOVE $2.20 COULD TRIGGER UPSIDE

$RAY is currently trading at 2.105, showing a mild bounce after holding the $2.043 support level. The 1H chart reveals a stable uptrend building, with the next key resistance sitting at $2.200–$2.300.

Volume is gradually increasing, suggesting buyers are preparing for a breakout. A clean move above $2.20 could lead to a rally toward $2.40.

Support Zone: 2.040 – 2.070

Resistance Zone: 2.200 – 2.300

Long Trade Setup:

Entry: 2.090

TP1: 2.200

TP2: 2.400

SL: 2.040

Quick Insight: With price recovering steadily from support, keep an eye on the $2.20 breakout level for a potential bullish continuation.

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