Presented is a 1 hr simple directional analysis pending a break through channel resistance or support.
A break and close out above 1.07400 followed by a bullish bar may indicate bullish movement to retest next resistance of 1.0800.
A break and close out below support 1.07100 followed by a bearish bar may indicate continuation to retest next support of 1.06400.
Pending the outcome out RSI and MACD will react. Bearish movement will trigger MACD/SIGNAL to reverse just under 0 line while RSI breaches below 50. Bullish movement will trigger MACD/SSIGNAL line to cross through 0 line while RSI breaches 50 with continuation.
Be patient on entry. Please comment with comments and ideas. Thank you.
A break and close out above 1.07400 followed by a bullish bar may indicate bullish movement to retest next resistance of 1.0800.
A break and close out below support 1.07100 followed by a bearish bar may indicate continuation to retest next support of 1.06400.
Pending the outcome out RSI and MACD will react. Bearish movement will trigger MACD/SIGNAL to reverse just under 0 line while RSI breaches below 50. Bullish movement will trigger MACD/SSIGNAL line to cross through 0 line while RSI breaches 50 with continuation.
Be patient on entry. Please comment with comments and ideas. Thank you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.