This currency index is featuring for the first time on our TradingView blogs.
Current setup: Price has been in a bullish trend since finding support at a key resistance zone that includes the high of 2008 but is now faced with weekly 200sma resistance.
Conclusion: A break and close above the weekly 200sma is required to suggest a bullish trend continuation.
Any comments or questions, do not hesitate to leave them below. Give use the thumbs up if you share our sentiments!
Sublime Trading
Current setup: Price has been in a bullish trend since finding support at a key resistance zone that includes the high of 2008 but is now faced with weekly 200sma resistance.
Conclusion: A break and close above the weekly 200sma is required to suggest a bullish trend continuation.
Any comments or questions, do not hesitate to leave them below. Give use the thumbs up if you share our sentiments!
Sublime Trading