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12jan22

GBPUSD- 12Jan2022GBPUSD- 12Jan2022 On the daily, price grind higher above descending trendline resistance. We could expect price to continue its bullish momentum to 1st Resistance around 1.36945. On the H4 timeframe, price grind higher above the previous inverse h&s target and the descending trendline resistance. We could expect price to continue higher to 1st Resistance at 1.3690 before facing bearish pressure. This is for personal record purposes only, not financial advise or solicitation of trade.
Long
by TTMFS
USDINR - 12Jan2022USDINR - 12Jan2022 On the daily, price is coming into long-term ascending trendline support. We could expect price to find a short-term bounce from 1st Support at 73.58. On the H4 timeframe, price continued to drop lower. However it is coming into daily support. As Stochastic is also at support, we may see price to have a quick drop to 1st Support at 73.50 before bouncing back to 1st Resistance at 74.225. This is for personal record purposes only, not financial advise or solicitation of trade.
by TTMFS