FTSE 100 reversed from resistance level 7700.00 Likely to fall to support level 7500.00 FTSE 100 index under the bearish pressure after the index reversed down from the resistance level 7700.00 (which has been reversing the index from June) standing above the upper daily Bollinger Band. The resistance level 7700.00 was strengthened by the coinciding […]
XBRUSD, H4 XBRUSD navigates within a bearish channel, facing the 70.30 resistance. The 9-MA crosses the 14-MA, while the RSI crosses the mid-line upwards, giving a bullish sentiment. Consider a long trade, if the price breaks above the channel, with the target at 72.30 level.
The post XBRUSD: Descending Channel appeared first on Action Forex.
Share
