Weekly:
Its in downtrend but brexit took price too far too fast. Look where kijun us and res line is spike resistance based on monthly chart
Daily:
Downtrend. But price above kijun now and looking at lower time frame there is a trendline support and pair can rip higher for now.
Second reason for trade is usdollar came into resistance and reversed. I expect continuation. So, taking a long here and target around 1.3650-1.3700.
Its in downtrend but brexit took price too far too fast. Look where kijun us and res line is spike resistance based on monthly chart
Daily:
Downtrend. But price above kijun now and looking at lower time frame there is a trendline support and pair can rip higher for now.
Second reason for trade is usdollar came into resistance and reversed. I expect continuation. So, taking a long here and target around 1.3650-1.3700.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.