Hi Traders!
The market was moving since very long in a healthy downtrend.
Now it broke the upper trendline and the 50 EMA too.
The market is out of the channel.
If it is a trend reversal, we're looking forward to buy the swing until the resistance at 0.89700.
If not, then it'll continue its trend.
Thanks and good luck :)!
The market was moving since very long in a healthy downtrend.
Now it broke the upper trendline and the 50 EMA too.
The market is out of the channel.
If it is a trend reversal, we're looking forward to buy the swing until the resistance at 0.89700.
If not, then it'll continue its trend.
Thanks and good luck :)!