Federal reserve has kept the 3 rate hike targets for the 2018 and there is high probability that they will hike rate in December 2017 as well. Technically several trend line , Bollinger Band and ichimoku cloud suggests it is in uptrend and it will rise till its next resistance which is around 22.1000. so my target is at 19.78744.
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near upper level of Bollinger Bands.
Monthly char…
Read full story
Translate to English Show original