Bullish move which has started at 89 level is heading to its ultimate target which is 95.50
Price is heavily overbought and a correction might take place.
In stead of trying to capture the correction, it is safer to wait for the correction to complete and take the long.
We will be watching a profit taking move towards 92.6
Final target will be 95.50
Good Luck.
Price is heavily overbought and a correction might take place.
In stead of trying to capture the correction, it is safer to wait for the correction to complete and take the long.
We will be watching a profit taking move towards 92.6
Final target will be 95.50
Good Luck.
Note
92.60 confirmed as new support, heading towards 94Note
Reached 94.06 for the first target. We are expecting a correction and continuationTrade closed: target reached
Tagged 95.00 and we took our second target. Final target will be 95.50 if price decides to get there.Trade closed: target reached
Price has reached final target of 95.50. We're expecting a relief and some profit taking. Price action in this zone will set light to our future dollar trades. Cheers.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.