Analysis explanation
EJ is bouncing between a rectangle formation at 134 and 132.
A decisive break thought one of these level indicates the new direction of the trend
RSI diverge again price signalling a negative development
The currency has support points at 123 and resistant points at 134
The currency is technically assessed as negative for the medium long term term
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EJ is bouncing between a rectangle formation at 134 and 132.
A decisive break thought one of these level indicates the new direction of the trend
RSI diverge again price signalling a negative development
The currency has support points at 123 and resistant points at 134
The currency is technically assessed as negative for the medium long term term
Very much appreciate your likes and commends
Have a lovely weekend
Trade safely