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maenshokri
May 19, 2019 8:09 PM

Weekly Outlook: USDILS: Long with care Long

U.S. Dollar / Israeli ShekelFOREX.com

Description

As expected, this pair has tested the prior low and trying now to move higher. Its action form the new bottom (B) is not aggressive, therefore I will be watching it closely on the green line despite the fat that tomorrow's move could be to the downside.
I am not taking any trades on this pair now.

Trade active

As expected ... the green line has been tested today with a possiblity to close above the line which will remove the bears pressure and allow more green candles to the upside.

Comment



Nice defeat for bears
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