JohnnyPurtoy98

USDILS Head and shoulders

Long
FOREXCOM:USDILS   U.S. Dollar / Israeli Shekel
A head and shoulders graph has formed, it looks like the head has been formed perfectly on a strong support level, this pair is very likely to rise in value. The price is currently moving in a range near the neckline, if the price is able to break this neckline, it is very likely that we could see massive bullish gains over the coming weeks. The RSI is in a good position for an upward movement. This pair is heavily influenced by economics and I advise anyone trading this pair to look at the fundamentals for both Israel and USA.

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