Hi traders,
Price has tested the high of the range we highlighted last week. The stochastic still shows strong bullishness. This may be due to the settling of US-IRAN tensions.
For this asset, if we break the 109650 major level then we should be looking for a bullish play.
Bearish signals here will need a bearish cross from the stochastic, with targets to the bottom of the range.
All the best,
Aardall
Price has tested the high of the range we highlighted last week. The stochastic still shows strong bullishness. This may be due to the settling of US-IRAN tensions.
For this asset, if we break the 109650 major level then we should be looking for a bullish play.
Bearish signals here will need a bearish cross from the stochastic, with targets to the bottom of the range.
All the best,
Aardall