Hello Traders,
The increasing oil prices, debt ceiling bill pass and dovish Japanese monetary policy there is potential 400 pips long term buy potential. The next resistance line is at 103.60 which provides a good 40 pips profit. The 10 EMA has crossed under the 20 EMA which is a bullish indication for continued bullish momentum.
The increasing oil prices, debt ceiling bill pass and dovish Japanese monetary policy there is potential 400 pips long term buy potential. The next resistance line is at 103.60 which provides a good 40 pips profit. The 10 EMA has crossed under the 20 EMA which is a bullish indication for continued bullish momentum.