INDICATORS: RSI, Volatility, Volume, HMM
KEY PRICE LEVELS : 1.58907 1.68033 1.69998
Weekly CHART PATTERN : resistance and support lines, W1 Chart.
Weekly VISION
The pair is moving in a bullish dynamics with a resistance line at 1.69998. The chart analysis indicates the bullish dynamics and it can be supported by the Hidden Markov Models Analysis and the RSI momentum indicator. Standard Dev is in agreement with a slightly bullish tendency.
Daily VISION
The D1 scale indicates that the patttern is in a bullish regime with a support zone at 1.58907 . The trend can lead to a possible retracement with objectives at zone at 1.68033. The hidden Markov indicator and the RSI are coherent with a bullish regime.
Figure 1 describes in a W1 trendlines with the key price levels.
KEY PRICE LEVELS : 1.58907 1.68033 1.69998
Weekly CHART PATTERN : resistance and support lines, W1 Chart.
Weekly VISION
The pair is moving in a bullish dynamics with a resistance line at 1.69998. The chart analysis indicates the bullish dynamics and it can be supported by the Hidden Markov Models Analysis and the RSI momentum indicator. Standard Dev is in agreement with a slightly bullish tendency.
Daily VISION
The D1 scale indicates that the patttern is in a bullish regime with a support zone at 1.58907 . The trend can lead to a possible retracement with objectives at zone at 1.68033. The hidden Markov indicator and the RSI are coherent with a bullish regime.
Figure 1 describes in a W1 trendlines with the key price levels.