OPEN has bounced from a low of 0.9333 and is now trading near 1.0038 after testing highs of 1.1673. Buyers are coming back, showing strength after the decline, and momentum is increasing for another upward move.
Entry Zone: 0.98 – 1.02
Target 1 (TP1): 1.08
Target 2 (TP2): 1.15
Target 3 (TP3): 1.25
Stop Loss (SL): 0.94
The price movement of OPEN indicates that the bulls are defending key levels well. A breakout above 1.15 with good volume could open the doors for larger gains.
