This pair has recently created a double bottom on the 4hr and started going up.
The RSI also indicates a divergence ,and we can expect to go up to the 135.15 resistance area.It is also just under the 50 EMA
If the pair rejects the resistance area we can expect this pair to go down to test the support level(possibly breaking it, and continue to go down till the next major supp level)
I expect this pair to continue upwards,but i will post an update on my page to say whether we are buying or selling(Its always important to wait for confirmation to minimize your risk)
Please leave a like and comment your thoughts on the movement of this pair
The RSI also indicates a divergence ,and we can expect to go up to the 135.15 resistance area.It is also just under the 50 EMA
If the pair rejects the resistance area we can expect this pair to go down to test the support level(possibly breaking it, and continue to go down till the next major supp level)
I expect this pair to continue upwards,but i will post an update on my page to say whether we are buying or selling(Its always important to wait for confirmation to minimize your risk)
Please leave a like and comment your thoughts on the movement of this pair
Trade active:
In good profit