FXS Analysis on 1 DAY TIMEFRAME
As you can CLEARLY see in Chart
FXS is Making descending Channel Pattern on 1 day timeframe
Price took Support from descending Channel Support
Now price is facing resistance Zone Area which is around 5.76-5.93
If price is able to break the resistance with good buying volume and 1 day candle close above Resistance
Then we can long FXS
Targets mentioned in Red
If he not able to break resistance then it will go towards support
Targets mentioned in green
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What you 🤔 think it broke resistance or not comment below 👇👇
#FXS