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USDILS: Rising Wedge within a Channel Up. Buy opportunity.

Long
U.S. Dollar / Israeli Shekel (FOREXCOM:USDILS)  
InvestingScope  
FOREXCOM:USDILS   U.S. Dollar / Israeli Shekel
Trend Analysis Chart Patterns Technical Indicators USDILS ISD ils DJ FXCM Index dollar israelishekel Forex Currencies currency
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trendanalysis chartpattern indicator usdils isd ils usdollar dollar israelishekel forex currencies currency
The pair is trading on a Rising Wedge within a wider 1D Channel Up (RSI = 59.015, MACD = 0.014) and the neutral Highs/Lows (0.0000) indicate that it is close to pricing a Higher Low. The long's obvious TP is the Wedge's Resistance at 3.7900 but if it breaks we will extend the buying to 3.8200.



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