Hi, this is Walnut Trading.
We are trying to post overview from next week in different languages.
Please click follow and like if interested! Thank you.
We are still following the scenario of March 2nd, as the close of 2nd March was bullish (bullish engulfing pattern).
The chart above shows that the pair is trading above a strong support level that is 1300.
Therefore, we are bullish as long as the pair is trading above the level mentioned above.
Our targets: 1730 followed by 1980.
On the other hand, of the level of 1300 is broken, it might continue going downwards to reach 1050 and 920.
We are trying to post overview from next week in different languages.
Please click follow and like if interested! Thank you.
We are still following the scenario of March 2nd, as the close of 2nd March was bullish (bullish engulfing pattern).
The chart above shows that the pair is trading above a strong support level that is 1300.
Therefore, we are bullish as long as the pair is trading above the level mentioned above.
Our targets: 1730 followed by 1980.
On the other hand, of the level of 1300 is broken, it might continue going downwards to reach 1050 and 920.