USDDKK Buy continuation

The USDDKK pair is consolidating after it started a new Bullish Leg following the 1D Golden Cross formation. The long-term pattern is also a Channel Up and the current Bullish Leg appears to be proportional to the one that started on the July 18 2023 Low. As you can see it is where the 1D RSI bottomed on both cases.

As a result we have no reason not to expect a similar target on the 2.0 Fibonacci extension (3.0 from lower count) at 7.15000.


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