Buying Opportunity in the Currency the Currency pair is trading near the resistance a breakout of a falling trendline would be an opportunity to enter long in the pair, a short term buying is expected in the pair upto 140 levels, if the pair is able to sustain above121 level buying can can be done in the pair.

EMA is indicating a positive move. DMI+ is trading above DMI- indicating positive trend and ADX trading above DMI- indicating strength on the upside.

Advice : Buy the Pair for the mentioned target.

Falling Trend Line Breakout

KUNAL KAMBLE

Nov 27 2022