Long term long for 200 Pips or above on break above triangle ..

2019-11-15 19:08:34

Pair has been rejected multiple times by descending trendline ..however in daily chart we can see that it is not making lower lows.. and price is supported by ascending trendline...

As we are nearing to US-China trade deal.. at near about same time we can see pair reaching end of triangle pattern where Breakout will be inevitable in either direction...

Looking at weekly chart and fundamental conditions we expect price to potentially break above triangle to continue its weekly uptrend..

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