Hello everyone
As USD loses it's value over the news from federal reserve,better prices for the pairs with this currencies can be seen allover the market.
For now, over the possibility of the exhaustion of the trend, we may have couple of RED bars in the way of our Bull trend, but since we have an OIO pattern( outside,inside,outside)it's more likely to have the market keep going up.
the resistance levels in the way are 1.25$ & 1.26$ (1.25$ will break IF the trend continues) and our support level is 1.23$.
As USD loses it's value over the news from federal reserve,better prices for the pairs with this currencies can be seen allover the market.
For now, over the possibility of the exhaustion of the trend, we may have couple of RED bars in the way of our Bull trend, but since we have an OIO pattern( outside,inside,outside)it's more likely to have the market keep going up.
the resistance levels in the way are 1.25$ & 1.26$ (1.25$ will break IF the trend continues) and our support level is 1.23$.
