continue moving near the 1309-1298 support area … RSI is still within the bullish momentum and Stochastic points to a positive cross The upside potential remains valid as long as the trades remain above the ascending trend line shown on the daily chart to keep the targets around 1326 resistance as the first target, which […]
The pair is still moving within the narrow range around the resistance area 109.90 – 110.10 … It is better to wait until this resistance is breached and confirm the upside move to be the next potential targets around 110.90 as the first target and 111.70 as the second target. but the drop and the […]
The potential bearish scenario remains valid with steady trading below 1.1410 … The pair may be heading towards its second target around 1.1290 support and then the main target around 1.1220 (the low of November 2018) … The saturation of the Stochastic and RSI indicators on the four hour frame may push Pair to test […]
The pair is maintaining its stability below 1.3000 – 1.3030 which keeps the possibility of the downside to the list to head to the second target at 1.2810 support, which could push the price to head to 1.2700 as a third target. A break of the SMA 50 with a four hour closing above 1.3030 […]
