AUDRUB in Uptrend: Stochastic indicator is sitting in overbought zone for 1 day
Expect a price pull-back in the near future.
Current price 50.08 is above 48.46 the highest resistance line found by Tickeron A.I. Throughout the month of 06/17/20 - 07/18/20, the price experienced a +5% Uptrend. During the week of 07/12/20 - 07/18/20, the FOREX enjoyed a +2% Uptrend growth.
STATUS = Confirmed
CURRENT CONFIDENCE = 61%
TARGET (EXIT) PRICE = 50.003969 RUB
BREAKOUT (ENTRY) PRICE = 49.671627 RUB
DISTANCE TO TARGET PRICE = 0.38% (19.0 pips)
EMERGED ON Jul 08, 03:00 PM (UTC)
CONFIRMED ON Jul 08, 03:00 PM (UTC)
WITH CONFIDENCE LEVEL = 72%
Tickeron AI shows that the Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when...