EEM Daily.
Emerging Markets have been lagging somewhat on the
oversold rebound. While this has held the 2008 uptrend_line,
and diagonal support, followed by bullish reversal similar to main markets, breaking the downtrend_line. Emerging Markets Currency Index has been rebounding, reaching some resistance.
RSI broke out from the lows, at 39.
MACD cross_over.
Target_1 : 42.14
Target_2 : 42.50
Emerging Markets have been lagging somewhat on the
oversold rebound. While this has held the 2008 uptrend_line,
and diagonal support, followed by bullish reversal similar to main markets, breaking the downtrend_line. Emerging Markets Currency Index has been rebounding, reaching some resistance.
RSI broke out from the lows, at 39.
MACD cross_over.
Target_1 : 42.14
Target_2 : 42.50