InvestingScope

Channel Up on 1D. Long.

OANDA:EURDKK   EUR/DKK
EURDKK is trading within a 1D Channel Up (RSI = 63.378) and the neutral Highs/Lows = 0, MACD = 0.002, B/BP = 0.0036, indicate that pricing a Higher Low is near. The larger setting is also a 1W Channel Up (RSI = 62.486) so if the pair breaks 7.45720, the downside is still limited to a 7.4540 Higher Low. We are long with TP = 7.462 and 7.4640.

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