Weekly Chart:
Bullish engulfing pattern
Daily Chart:
Friday closed with another bullish engulfing pattern
Watch out:
1. There might be a retest at daily demand zone around 112.66-113.1
3. Zone around 113.39 might be the 1st resistance
4. Zone around 114.5 might be 2nd resistance
Action:
Join the Bulls around daily demand zone with SL set @ 112.4
Bullish engulfing pattern
Daily Chart:
Friday closed with another bullish engulfing pattern
Watch out:
1. There might be a retest at daily demand zone around 112.66-113.1
3. Zone around 113.39 might be the 1st resistance
4. Zone around 114.5 might be 2nd resistance
Action:
Join the Bulls around daily demand zone with SL set @ 112.4