Weekly CHART PATTERN : resistance and support lines, W1 Chart.

Weekly VISION

The pair USD/DKK is moving in a bullish dynamics with a resistance zone at 8.99. The indicator analysis indicates a slightly bullish dynamics and it can be supported by the Hidden Markov Models Analysis and the RSI momentum indicator. Standard Dev is relatively adeguate with a slightly bullish tendency. The chart can suggest a bearish retracement at the resistance zone.

Daily VISION

The D1 scale indicates that the patttern is in a bullish channel dynamics. The trend can lead to a possible bearish retracement with support at 8.7030. The USD gain can be supported by the NFP release and the possibility of monetary policy improvement at IR.





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