At trading in Asia on Friday, this currency pair is trading with a slight decrease in quotations, remaining within the current support level at 0.9210 and at the resistance level around 0.9142.
On the four-hour chart, the moving averages with a period of 21 and 55 turned up, accelerated and continue to move in this direction, increasing the divergence after the formation of a buy signal, which demonstrates the continuation of the uptrend in this market. The price chart remains in the area slightly above the exponential moving averages, which indicates the strengthening of the bullish potential of this market in the short term.
The technical picture also shows the strengthening of the bulls in this market, since the MACD histogram has entered the area above its central line, and the strength indicator of the current RSI movement remains below the 60 line, which confirms the strengthening of the uptrend in this market in the short term.
Thus, we intend to buy this trading instrument today.