Monthly:
bullish candle close and approaching monthly resistance again which is good. This Resistance is weak due to many touches. It is an very attractive way for traders to short and investors to leave the market. That would bring the price right through that level. From my point of view it should break this resistance within this month
Weekly:
Weekly has rejected the Support exactly how I explained it in the last updates. Now it is pushing up
Daily:
Strong bullish moves. Impulsive and Correction Waves to the Upside + W Formation. Overall superbullish momentum currently
Target:
I am expecting the market to hit the 1.50$ soon
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bullish candle close and approaching monthly resistance again which is good. This Resistance is weak due to many touches. It is an very attractive way for traders to short and investors to leave the market. That would bring the price right through that level. From my point of view it should break this resistance within this month
Weekly:
Weekly has rejected the Support exactly how I explained it in the last updates. Now it is pushing up
Daily:
Strong bullish moves. Impulsive and Correction Waves to the Upside + W Formation. Overall superbullish momentum currently
Target:
I am expecting the market to hit the 1.50$ soon
What do you think of this Analysis? Share your opinion of this pair below.
To support the creation of more please leave a LIKE