🚀 $PYR /USD: TESTING KEY LEVELS – A BREAKOUT IN SIGHT? ⚡
The $PYR /USD pair is currently trading at 3.579, consolidating near crucial support and resistance zones. Traders should monitor these levels closely, as a breakout could trigger significant price movement.
📊 Trade Scenarios:
Entry Point: 3.579
Take Profit (TP) 1: 3.650
Take Profit (TP) 2: 3.800
Take Profit (TP 3): 4.000
Stop Loss (SL): 3.450
Support is located at 3.450, while resistance is at 3.650. A breakout above 3.650 could drive the price toward 3.800 and 4.000. A drop below 3.450 may signal a bearish retracement.
📉 Market Outlook:
PYR/USD is holding above the support level at 3.450. If the price stays above this level, there’s potential for a bullish move toward 3.650 and higher. A breakout above 3.650 would confirm upward momentum, while a drop below 3.450 could indicate further downside.
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