As the pair approach a strong R/S we can observe what happened in the past. Although the past doesn't decide what the future will do.
Back between January and September 2013, The pair fought well between these two R/S as shown on the chart. Will we see such show too in the next days / weeks between these two R/S : ?
Althrough, right now, the Daily RSI looks bullish and coming back from Oversold (July 07th, 2015). Price might slow down in the days days, bounce or go through. But as we see, the YEN being still weak...
I have not checked the YEN index for a comparative of what happened in JAN-Sept 2013. Anyone has that ?
Back between January and September 2013, The pair fought well between these two R/S as shown on the chart. Will we see such show too in the next days / weeks between these two R/S : ?
Althrough, right now, the Daily RSI looks bullish and coming back from Oversold (July 07th, 2015). Price might slow down in the days days, bounce or go through. But as we see, the YEN being still weak...
I have not checked the YEN index for a comparative of what happened in JAN-Sept 2013. Anyone has that ?