- There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 64.
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.05250 to 0.04500), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
- Beginning of entry zone (0.05250)
- Ending of entry zone (0.04500)
Click on the level to view price action history.