maenshokri

Weekly Outlook: USDILS: Long soon

Long
FOREXCOM:USDILS   U.S. Dollar / Israeli Shekel
This pair has moved a lot to the downside and its time to look for reversal or correction.
RSI is extremely oversold and a first sign for reversal/correction has appeared.
Watch the support line for a possible reversal. If you see a good rejection (removing 75-80% of the bearish candle), you may buy this pair.
If you want me to update this pair, give it a like.

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