InvestingScope

Falling Wedge intact. Slow descend towards 0.060.

Short
XEMUSD has made another Lower High on the 1W Falling Wedge (RSI = 36.374, MACD = -0.081, Highs/Lows = -0.0262, B/BP = -0.0796) staying bearish on the long term but neutral on the short term (1D RSI = 45.270, Williams = -53.449, CCI = -0.6358, Highs/Lows = 0.0000). This should create a consolidation phase within a 0.07855 - 0.1040 Rectangle until 0.7800 breaks. Our TP is intact at 0.060.

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.