Daiylfx MACD is below its signal line and negative. The configuration is negative. The market has simply been unable to establish a close below the medium-term moving average to keep the bullish structure firmly intact. However, some stretched medium-term technical studies do warn of a major corrective pullback over the near-term and potential shift in the structure.
Over the next twenty four hours, we will look for price action to break above the upper trend line, which may in turn validate potential U.S. dollar bullish price action. Both daily studies in oversold levels and our user defined Parabolic SAR have signaled for additional gains. All dailfyx dailyfx com 5130, a break above 87.00 may justify a potential target towards 87.3. OLX.in is a free local classifieds site.
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