The pair made a series of higher highs after a long bearish trend to test the 1.00000 price level. It pulled down to test the 0.96464-0.96365 support level formimg a falling wedge in the process.
The falling wedge and 20 EMA were broken above showing buying momentum. The price has retested the range before the breakout.
Prediction:
Instant Buy @ 0.97198
Stop Loss @ 0.96695
Take Profit @ 0.99206
The falling wedge and 20 EMA were broken above showing buying momentum. The price has retested the range before the breakout.
Prediction:
Instant Buy @ 0.97198
Stop Loss @ 0.96695
Take Profit @ 0.99206