EURUSD has formed three patterns
1. Triangle pattern
2. double bottom pattern
3. regular bullish divergence
Above pattern has formed above trendline and RSI(14) IS ABOVE 50
i feel fed will not change it's policy before presidential election in US on November 6, 2012
LONG TERM VIEW IS BULLISH TOWARDS 1.3300 BEFORE MID NOVEMBER
please refer chart below
1. Triangle pattern
2. double bottom pattern
3. regular bullish divergence
Above pattern has formed above trendline and RSI(14) IS ABOVE 50
i feel fed will not change it's policy before presidential election in US on November 6, 2012
LONG TERM VIEW IS BULLISH TOWARDS 1.3300 BEFORE MID NOVEMBER
please refer chart below
No comments:
Post a Comment