The market is seeking to move higher.
STATUS; Strength reader is 70%, rising from oversold territory.
Only the downward break of 1308.70 will invalidate trade and take us SHORT
The pair is looking downward since the opening of the market having broken support at 0.7236. Our strength reader is showing downward momentum at 27%.
ENTRY; 0.7235/ RT 0.7260
TARGET; 0.7177/ 0.7175
The pair is heading down having faced resistance at 141.477
STATUS; Potential reversal
TARGET; 139.466 & 137.755
Only the upward break of 141.477 will cancel the SHORT trade and take us LONG.
All the best.
Status; Trend continuation
The pair is in a downward trend. Waiting for a retracement at 0.8930 or the downward break of 0.8875 to go short.
ENTRY; 0.8930/ 0.8875
TARGET; 0.8861 & 0.8815
Only the upward break of 0.8952 will invalidate the trade.
Status; Trend continuation/Overbought
The stock is set to move lower having met resistance at 530.161
ENTRY; Current price 520
TARGET; 482 & 457
Only the upward break of 555.700 will invalidate the trade.