A BULLISH bias (dollar weakness) is applicable above 1.1943.
Trade setup probability: 70%. Target: 1.2011. Stop-loss: 1.1932. Reward/risk ratio 2.5.
Upside price momentum supports the bullish trend.
RSI is at 61, leaving room for further upside price potential.
A strong trend is indicated by the ADX reading of 26.
Trade setup probability: 70%. Target: 1.2011. Stop-loss: 1.1932. Reward/risk ratio 2.5.
Upside price momentum supports the bullish trend.
RSI is at 61, leaving room for further upside price potential.
A strong trend is indicated by the ADX reading of 26.