Hello,
We see a nice trend developing towards the upside this is due to the USD getting stronger, regaining power and pushing against other currencies.
Recently USD was weak for a month straight, but the time has come for the USD to pick up and it shows, I believe the pair will at reach 8.95 zone and more!
It is also breaking our 200MA line on the daily timeframe with a Fibonacci confirmation, I left some of the analysis out, to not over complicate chart for you guys.
We see a nice trend developing towards the upside this is due to the USD getting stronger, regaining power and pushing against other currencies.
Recently USD was weak for a month straight, but the time has come for the USD to pick up and it shows, I believe the pair will at reach 8.95 zone and more!
It is also breaking our 200MA line on the daily timeframe with a Fibonacci confirmation, I left some of the analysis out, to not over complicate chart for you guys.
Telegram ⏩ t.me/freettrsignals
YouTube ⏩ linktw.in/ueTGhN
YouTube ⏩ linktw.in/ueTGhN
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.
Telegram ⏩ t.me/freettrsignals
YouTube ⏩ linktw.in/ueTGhN
YouTube ⏩ linktw.in/ueTGhN
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.