Looking at a long on FXPO, oversold on my indicators, shown some rejection from 100ma, although not a convincing move. That being said, positive growth is a plus for FXPO. Both weekly and daily charts are above the 200ma.
We may see another down day so looking for a positive move higher on high volume for an entry. Targets:
Short term: 180
Medium: 200
Long: 235
We may see another down day so looking for a positive move higher on high volume for an entry. Targets:
Short term: 180
Medium: 200
Long: 235
Trade active
First target at 180 hit.Note
Second target hit at 240
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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.