Channel direction.
Double top. potential Elliot Waves. Triangle resolution.
Fibo retracement and extensions.
50 and 200 sma(currently under) resistance convergence.
Stochastic, treading water.
EM Asia FX mostly up vs the USD the last month and outperformed the other EM.
Asia’s robust performance in FX and fixed income, should continue over the next few months.
Capital reforms attracting inflows with direct implications for FX and rates. Trend is your friend.
Target_1 : 6.11162
Target_2 : 6.09539
Double top. potential Elliot Waves. Triangle resolution.
Fibo retracement and extensions.
50 and 200 sma(currently under) resistance convergence.
Stochastic, treading water.
EM Asia FX mostly up vs the USD the last month and outperformed the other EM.
Asia’s robust performance in FX and fixed income, should continue over the next few months.
Capital reforms attracting inflows with direct implications for FX and rates. Trend is your friend.
Target_1 : 6.11162
Target_2 : 6.09539