EURNOK: Buy opportunity on the Rising Wedge.

2019-11-19 19:26:26

The pair is trading within a 1W Rising Wedge (RSI = 59.298, MACD = 0.080, Highs/Lows = 0.0000). Yesterday not only it made contact with the Higher Low trend line, but also touched the 1D MA50 (blue line). This indicates that the price has more probabilities to rebound towards a new Higher High. Our Target Zone is 10.400 - 10.500.





** If you like our free content follow our profile (https://www.tradingview.com/u/InvestingScope) to get more daily ideas. **

Comments and likes are greatly appreciated.