Intraday remains below 2.950 for consolidation, multiple attempts to break above and stabilize have failed, currently showing signs of a pullback to test the support below.
From a short-term perspective, the steady range is around 2.93 on the four-hour chart, with the Bollinger Bands showing signs of opening downward. The short-term support below is near 2.85. If it moves downward, it will test whether the move is effective, but so far there has been no breakdown, so a cautious pullback to see if resistance holds is advisable.
For entry, consider buying on a pullback near 2.880, targeting 2.95-2.98.
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Intraday remains below 2.950 for consolidation, multiple attempts to break above and stabilize have failed, currently showing signs of a pullback to test the support below.
From a short-term perspective, the steady range is around 2.93 on the four-hour chart, with the Bollinger Bands showing signs of opening downward. The short-term support below is near 2.85. If it moves downward, it will test whether the move is effective, but so far there has been no breakdown, so a cautious pullback to see if resistance holds is advisable.
For entry, consider buying on a pullback near 2.880, targeting 2.95-2.98.