Analysis Red color long term resistance at 97.320 determine if price can sustain long term up trend. Possibility of Range trade between 95.172 and 97.320 Price is in the long term up trend channel support my green trend line.
Analysis Red color long term resistance at 97.320 determine if price can sustain long term up trend. Price is in the long term up trend channel support my green trend line . Price trying to maintain above 20 and 50 EMA
Technical : Trading in the two yellow box range, potential short at 0.7294, take profit at 0.7250 Personal Opinion : Year end season, lots of oversea travelling and purchasing during christmas season.
Technical : Trading in the two yellow box range, potential short at 0.7294, take profit at 0.7250 Personal Opinion : Year end season, lots of oversea travelling and purchasing during christmas season.
- Break out from Type 2 Range - Wait for pull back to key weekly support line Influence by Tradewar discussion.
USDCNH fall in type 4 range and trading below 20 EMA Price touching weekly support. Price direction will be heavily influenced by Trade talk in Argentina. Awaiting for price to breakout in downtrend
Indentify 5 year market behaviour of BGPCAD pair. Last 2 year could be a Type 2 or Type 4 behaviour.