XBRUSD, H2
XBRUSD breaches above the golden Fibonacci ratio at the 73.00 level and the 200-MA, aiming to retest the upper border of the symmetrical triangle.
- If the price breaks above the upper trendline, it will rise to 76.10 resistance.
- However, if XBRUSD breaks below the 73.00, the asset may fall to 71.00.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Timur Yurdagyul
