USD pairs may rise in gap trading

USD Pairs may rise in gap trading.Me expecting that the USD pairs may open in gap because of the oversold region of the RSI and the Stoch .I feel that we can see a consolidation on Monday ,though we have to be very much cautious as the downtrend channel is very much intact and we can see another easy 150-100 pips down movement in these pairs in the coming week .

This entry was posted in Forex Blog. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *



You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>