the chart is showing that he pair has succeeded in breaking the level of 122.00 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 122.30 and then 122.60
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the chart is showing that he pair has succeeded in breaking the level of 122.00 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 122.30 and then 122.60
as we can see on the chart , the pair is trading under the level of 122.00 , any way if the pair succeeded in breaking 112.00 , it will continue in it's up movements heading to 122.30 and then 122.60
If a M15 close above 121 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 119 sell only and do not buy. If price closes back above it again do nothing
The range 121 and 119 is neutral area, any trade done in between is personal decision and not part of this analysis
as we see this pair can't close up resistance 122.00 and back from it and can't close under support at level 120.25 now pair between this 2 level if pair break any of this 2 level we will see jump up or down with 150 pip
If a M15 close above 121 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 120 sell only and do not buy. If price closes back above it again do nothing
The range 121 and 120 is neutral area, any trade done in between is personal decision and not part of this analysis
as we see this pair can't close up resistance 122.00 and back from it and can't close under support at level 120.25 now pair between this 2 level if pair break any of this 2 level we will see jump up or down with 150 pip
If a M15 close above 121 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 119.50 sell only and do not buy. If price closes back above it again do nothing
The range 121 and 119.50 is neutral area, any trade done in between is personal decision and not part of this analysis
as we can notice from the chart , the pair is trading under the level of 122.00 exactly beside 121.70 , any way if the pair succeeded in breaking 122.00 , it will continue in it's up movements heading to 122.35 and then 122.70
Can work a deal to buy because the price is now at the level of 122.070 and I expect the climb to the highest level
Setbacks have finally managed to stall out for now by fresh record lows at 116.80 ahead of the latest bounce. The break back above 120.85 is significant as it has triggered the formation of an inter-day double bottom that projects additional upside towards 125.00 over the coming days