I am completely bullish on this pair as it just completed a Bullish TK Cross in bullish territory. This coincides with a breakout on the weekly level. Price is looking to target monthly resistance at .69338. This might be a long term swing depending on how price reacts in the following weeks. Given the breakout, this might complete a bullish cross on the monthly level as well.
Entry: 66042
Stop: .65285
TP1: .69338
TP2: .71729
Reasons to go long according to Ichimoku system
1. Bullish Cross
2. Bullish Cloud
3. Chikou Span is free of price
Entry: 66042
Stop: .65285
TP1: .69338
TP2: .71729
Reasons to go long according to Ichimoku system
1. Bullish Cross
2. Bullish Cloud
3. Chikou Span is free of price
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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.