Target: 100.00
Risk: 95.80
Technical reasons:
The continuous move inside the ascending channel provides signal to continue the bullish trend on the short term and medium term basis, and surpassing 97.94 will push the index to 100.00 barrier.
The exponential moving average 50 supports the expected rise, and consolidating above 95.80 is important to continue the bullish trend.
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Risk: 95.80
Technical reasons:
The continuous move inside the ascending channel provides signal to continue the bullish trend on the short term and medium term basis, and surpassing 97.94 will push the index to 100.00 barrier.
The exponential moving average 50 supports the expected rise, and consolidating above 95.80 is important to continue the bullish trend.
Join our Telegram channel for instant market updates: t.me/fxhighwaycom