Hello there,

BXY has moved above the RSI 25 and crossed the RSI moving average (MA), indicating an attempt by the bulls to push the market higher from the oversold region.

If the price holds above the RSI MA, there is a greater likelihood of moving higher. The desired price target is 129.10.

More pips to you! All the best and Happy Trading,
K.

Not trading advice
Supply and DemandSupport and ResistanceTrend Analysis

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