The Currency pair is expected to move upside.

The Currency Pair is trading above the 200 EMA and is expected to move towards 50 EMA and above. The Currency Pair has retracce 0.382% and has taken support at this level and moved upside and trading at 0.236% level, if the pair closes above this level we can expect the pair to move again near its high and above it as well.

MACD is expected to cross and is trading below 0 crossover below 0 and macd moving above 0 can be a good sign for a pair if its trading upside.

Rsi is following the price move which is supporting the price move.

Overall if the Macd crossover is seen and Rsi is supporting the move of the pair if it closes above the level mention buying can be done.

Buying Opportunity

Jul 24 2021