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ESP.IDX/EUR WILL RISE FURTHER

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
ESP.IDX/EUR Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is neutral.
  • The Stochastics is going up.
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ESP.IDX/EUR

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, rectangle.
ESP.IDX/EUR Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is headed South.
From the weekly chart, it looks like there is more potential to the upside. But last weekly candle suggests that the correction is not over yet.
ESP.IDX/EUR Daily Chart
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UPDATE-1
The pair has ended the week at 10335.467. Which is well above our target price of 9624. As of now, there is no hint of this pair to fall except the falling trendline at 10555 level. If it gets rejected there then there is a chance of turning back otherwise this prediction seems to be out of the way as of now.

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