Weekly Predictions (Feb 4 - 8)

Mis à jour
- Price broke EMA (25, close) on the downside and previous support/resistance
- Daily not indicating any clear direction as yet, other than price may or may not continue on downtrend
Commentaire
4-hr chart

snapshot

-Double confirmation that pair is oversold from RSI and Stochastic Oscillator. Therefore we may see some consolidation or brief retracement or a reversal
Commentaire
1-hr chart

snapshot
- Price is approaching EMA (25, close) from the downside
dailychartGBPCADMoving AveragesOscillatorspredictionsSupport and Resistance

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