As suggested by us earlier, the pair is forming ABC corrective and witnessing good up move.
On analysing the shorter time frames, we found that the pair has broken its ascending channel in 1-hour time frame.
Also the same of the arc in the form of a parabola which indicates fear and panic from bears to exit the counter in a hurry.
We expect a further steep vertical rally in the counter upto the resistance level of 149.967.
On analysing the shorter time frames, we found that the pair has broken its ascending channel in 1-hour time frame.
Also the same of the arc in the form of a parabola which indicates fear and panic from bears to exit the counter in a hurry.
We expect a further steep vertical rally in the counter upto the resistance level of 149.967.
