Potential continuation of long term uptrend following bounce off ascending channel support strengthened by 2009 and Jul-2015 resistances. Uptrend confirmed by bullish price and 50 MA both above bullish 200 MA. Potential trade following break of Jan-2015 resistance beyond circa 9.3000 up to target of 2009 resistance circa 9.7200. Potential 4.5% gains at a 1:2 risk...
Potential continuation of long term downtrend following what could be the end of a correction period and a break from the recent consolidation period. Potential short trade opportunity should price drop below 200 MA, followed by a bearish 50 MA moving below the 200 MA. Target 1 is support expected between 1.45 and 1.46, whilst target 2 is support expected between...
