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Tag Archives: #technical_analysis

AUD/CAD grinds higher in ‘rising channel’ pattern, watch out for channel breakout for further upside

AUD/CAD grinds higher in ‘rising channel’ pattern, watch out for channel breakout for further upside AUD/CAD extends grind higher in ‘Rising Channel’ pattern. Scope for further upside. The pair has resume upside after brief retrace from multi-week highs at 1.0136. Price action has retraced dip below 5-DMA and is on …

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NZD/CHF resumes upside after brief consolidation, good to go long on decisive break above 200-dma at 0.6941

NZD/CHF resumes upside after brief consolidation, good to go long on decisive break above 200-dma at 0.6941 NZD/CHF is trading 0.47% higher on the day. The pair is extending upside after brief consolidation in the previous session. Price action has broken out of ‘Symmetric Triangle’ pattern and now finds stiff …

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South Korean WON trades marginally lower in early Asia, faces strong resistance at 1,314 Mark

South Korean WON trades marginally lower in early Asia, faces strong resistance at 1,314 Mark EUR/KRW is currently trading around 1,313 mark. Pair made intraday high at 1,313 and low at 1,311 levels. Intraday bias remains neutral till the time pair holds immediate resistance at 1,314 mark. A sustained close …

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