Growth resumed after the pair weakened yesterday. The weekly CZ 0.5760-0.5745 is still the support. While the pair is trading above it, work towards strengthening is still the main one. The probability of updating the weekly high is above 70%, which makes purchases profitable. Holding long open positions makes sense when they are breakeven.
The most favorable prices for purchasing are within the weekly control zones, which is support. It will be possible to re-enter the purchase if the pair returns to this zone again.
An alternative model will develop if the closing of today's trading occurs below 0.5745. This will cause an absorption pattern to form on the daily level and will allow you to consider selling by tomorrow, while the target will be the monthly low. The probability of implementing this model is 25%.
Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.
Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which changes several times a year.
Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.
