meszaros
Long

Palladium long...

OANDA:XPDUSD   CFDs on Palladium
Palladium long. The exchange rate reached the bottom of the correction. This level is 900 usd. The figure shows that XPDUSD corrects in a double wave structure. Then this is followed by a steep rise. The structure of the dual waves of the last weeks is distant. Especially due to the decreasing ATR speed. Therefore, the further increase may be half as much as the more permanent rise ahead. If the place is the theory, I expect a steeper rising wave with a sloping slope. The primary target price is 1377 usd.

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