*Signals updated before monday morning every week :)
My analysis for this week:
1)UPTREND, But could this pair reach as high as 1.6000? i think this pair in overbought area, and going down to 1.5830 looks okay and can be accepted. (hit 5830)
At longer term, i can see price may hitting back 1.5540.
1)UPTREND. It hit my target 1.1430 and yes, for now we can see this pair on uptrend. If this pair breaks 1438 that means it can reach 1.15 in longer term.
In different scenario where bearish power can be on the rise, this pair going down to 1.1240. That is the line to consider for traders who seek downtrend. (hit 1240)
1)SIDEWAY, For 2 weeks this pair is going nowhere. Pivot lines to tight on each other. What can i say is put buystop at 140.70, and sell stop at 138.12. Take profit at 140.80 and 138 respectively. (hit 138)
Signals above according to IKOFX graph.
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