BTC $64,929.00 ▼ 0.05% ETH $1,919.13 ▼ 0.05% USDT $0.9993 ▼ 0.01% BNB $604.03 ▲ 1.51% XRP $1.04 ▼ 0.26% SOL $76.36 ▲ 1.67% DOGE $0.0702 ▼ 0.30% SHIB $0.00000461 ▼ 1.26% PEPE $0.00000286 ▼ 0.29% BTC $64,929.00 ▼ 0.05% ETH $1,919.13 ▼ 0.05% USDT $0.9993 ▼ 0.01% BNB $604.03 ▲ 1.51% XRP $1.04 ▼ 0.26% SOL $76.36 ▲ 1.67% DOGE $0.0702 ▼ 0.30% SHIB $0.00000461 ▼ 1.26% PEPE $0.00000286 ▼ 0.29%
Piyasa

Bullish potential detected for XRO

Bullish potential detected for XRO

Xero Limited ASX:XRO

Entry conditions:
(i) retracement back to potential support area of $74.88 (support level of 27th May) for XRO , and
(ii) observation of market reaction at this potential support area noted above.

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the rising 15 day EMA (currently $71.79), or
(ii) below the rising quarterly VWAP (i.e.: $70.30), or
(iii) below the recent swing low of 3rd August (i.e.: below $69.04).

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