Consolidation on the weekly chart has shaped the well-known Triangular pattern (yellow).
Watch the breakout of the upside barrier around 7.3650 for confirmation.
The target is located at the height of the widest part of Triangle added to the upside of the pattern. It's 8.03 CNH/$1
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now