Chart Scale: Weekly, Monthly
Indicator: BB, 200 EMA, ATR, CCI Histogram
Support Resistence Area
ATR Monthly 351 Pips
Pair Analysis:
On the monthly Chat, there was a clear divergence in 2016/17 which shows the low could be in place. The CCI indicator shows Momentum, However Prices are strong resistence which should make it difficult to continue straight much higher. The weekly Chart shows a slowing Momentum but it is still in bullish area. Prices hit 200 EMA and higher Bollinger Band. I expect Pr…
Indicator: BB, 200 EMA, ATR, CCI Histogram
Support Resistence Area
ATR Monthly 351 Pips
Pair Analysis:
On the monthly Chat, there was a clear divergence in 2016/17 which shows the low could be in place. The CCI indicator shows Momentum, However Prices are strong resistence which should make it difficult to continue straight much higher. The weekly Chart shows a slowing Momentum but it is still in bullish area. Prices hit 200 EMA and higher Bollinger Band. I expect Pr…