pink line is monthly support around 70 rupees.
it is important to see this level when price hit this trend line support if price able to maintain this level than it can move upward to short term target 80 , 90 , 100 as relief rally ( corona crisis so it can repeat usoil rally too.)
no oil consumption can lead this to 50 , 60 rupees zone. same as usoil contract...
Hello Traders,
I hope you have a good week-end even if we're in a quarantine.
So, today i propose my view about the EUR/CHF.
Do you remember January 2015
and the crash of the EUR/CHF ?
Yes of course !
Guess what !?
We'll be back soon in 2015 !
EUR/CHF has been in a powerful Downtrend since October 2007.
But EUR/CHF has difficulties to break the 1.05000 price...
Here we have a potential reversal zone for Palladium. We have a couple of indications: MACD and RSI at oversold conditions as well as noticeable divergence on both. Good luck everyone.
