Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.398).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.541
TP2= @ 1.686
TP3= @ 1.868
TP4= @ 2.045
TP5= @ 2.191
SL= Break below S2
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