Next idea for G/U next week.
This is Technical Analysis.
I see G/U fluctuates in a range between 1.625 and 1.59
I think G/U will touch 1.625 and then retrace to 1.61 or 1.614 level.
%R reached its resistance zone.
RSI escaped wedge pattern I show on the chart. It will increase to 70.
So G/U ---->; 1.625 = RSI ---->; 70
Then retrace to 1.61 or 1.614
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I see G/U fluctuates in a range between 1.625 and 1.59
I think G/U will touch 1.625 and then retrace to 1.61 or 1.614 level.
%R reached its resistance zone.
RSI escaped wedge pattern I show on the chart. It will increase to 70.
So G/U ---->; 1.625 = RSI ---->; 70
Then retrace to 1.61 or 1.614
"Please try out my application I write for Forex traders to help them calculate many values such as lot size, pip,margin, pivot point : play.google.com/store/apps/details?id=sforex.solution "
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.