🚀 USD/C Trading Analysis: Mastering Support & Resistance! 🚀
Dive into the USD/C chart with us! 📈 We've identified key support at 1.2000 and resistance at 1.2500. The MA7 and MA25 moving averages are converging, signaling a potential breakout. Bollinger Bands are tightening, indicating a volatility squeeze. The MACD shows bullish momentum, suggesting a buy signal. 📊
Entry Strategy: Enter long at 1.2100, targeting 1.2400 with a stop-loss at 1.1950. This setup offers a great risk-reward ratio. Stay tuned for more insights and happy trading! 💹
