Target: 1.3000
Risk: 1.1975
Technical Reasons:
Strong rise affected by the BOC decision to cut the interest rate, and breaching key resistance lines open the way to achieve positive targets on the medium term basis.
The next targets reach 1.3000 barrier, and the exponential moving average 50 continues to support the price from below.
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Risk: 1.1975
Technical Reasons:
Strong rise affected by the BOC decision to cut the interest rate, and breaching key resistance lines open the way to achieve positive targets on the medium term basis.
The next targets reach 1.3000 barrier, and the exponential moving average 50 continues to support the price from below.
www.fxhighway.com
www.facebook.com/fxhighwaycom/
twitter.com/
plus.google.com/1054...15961677289743/posts