The pair is extending 100-DMA break, hits 9-week highs, bias higher.
Momentum studies are bullish, Stochs and RSI are sharply higher. RSI is above 50 and biased higher. MACD also supports upside.
We also evidence a bullish divergence on RSI and Stochs which adds to the upside bias.
Good to go long on dips, SL: 1.1360, Tgt: 1.1460
Momentum studies are bullish, Stochs and RSI are sharply higher. RSI is above 50 and biased higher. MACD also supports upside.
We also evidence a bullish divergence on RSI and Stochs which adds to the upside bias.
Good to go long on dips, SL: 1.1360, Tgt: 1.1460
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