Vidinho2_0

Vidinho2_0

After testing this year's key support level, buyers are now in line to reach out to next resistance. RSI and ADX are at neutral levels, but we should be under lookout as these are poised to switch for "buy" zone. On an intraday, with a slow day in economic data, look for the technical point of entry at 1.2370

Vidinho2_0

With both technically showing signs of oversold, and fundamentally supported by dollar weakness. It is safe to say that emergings are still a buy.