Ascending channel, resistance hit

Hi folks,

Here's my view on this pair. My target was almost achieved much earlier than expected and bounced from there creating this ascending channel shown in the chart.

If you have a look at the weekly timeframe you will see a possible HS pattern, currently forming the down leg of the Right shoulder.

Let's see how this plays out.

Cheers
Fundamental AnalysisTrend Analysis

免責聲明