A bullflag formation on the 4Hr chart for AEDINR I expect a bullish breakout as is expected with a bullflag formation. Looks good.
Movement within the channel in similar spots labelled in orange circles Two big triangle structures within the channel Continuation has already begun
next Support at 72 Short for tgt of 72.
AEDINR RATE AFTER 15 DAYS IS 19.648,NOW 19.534 BEFORE 1DAY , NOW 15MIN
AEDINR rate for march 2010 is 17.55, ....research....now18.94
Guys, INR/AED pair is poised to go higher till .0532 during January 2019 , from there there are two possibilities described below - A) It may reverse from that point considering its testing all time low support line (Black line) which now will act as a strong resistance line, and hence price will go low to the new lows around .470 mark. B) If, the price...