-Bullish bottoming formation in the process
-Pattern is not confirmed yet, as a decisive break above the neckline with good volume levels is required now
-RSI Momentum breaks its bearish trend line
-MACD competes a bullish crossover
-If pattern is confirmed, ideal target would be around 44.50
-37.20 is another key resistance and possible conservative target
twitter.com/thefxchannel
thefxchannel.com
-Pattern is not confirmed yet, as a decisive break above the neckline with good volume levels is required now
-RSI Momentum breaks its bearish trend line
-MACD competes a bullish crossover
-If pattern is confirmed, ideal target would be around 44.50
-37.20 is another key resistance and possible conservative target
twitter.com/thefxchannel
thefxchannel.com