Structure: Short Term Uptrend
Moving Average: Golden Crossover for 15 EMA and 50 SMA, going to test 200 SMA
Trendline: Testing Downtrend Line
Pattern: Rising Wedge
Trigger: Breakout of Horizontal Level
Support: 0.9665
Resistance: 0.9780, 0.9850
Higher Low formed at 4H, Daily Candle showed Bullish sign yesterday.
Long at 0.9710 to capture Short Term Rebound to 0.98.
SL: 0.9640
1st Target: 0.9770
2nd Targe: 0.9850
Moving Average: Golden Crossover for 15 EMA and 50 SMA, going to test 200 SMA
Trendline: Testing Downtrend Line
Pattern: Rising Wedge
Trigger: Breakout of Horizontal Level
Support: 0.9665
Resistance: 0.9780, 0.9850
Higher Low formed at 4H, Daily Candle showed Bullish sign yesterday.
Long at 0.9710 to capture Short Term Rebound to 0.98.
SL: 0.9640
1st Target: 0.9770
2nd Targe: 0.9850