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Trend – Pair is actually at bullish trend.
Range indicator and volatility – Pair has high volatility with average range about 100 points.
High-Low indicator – Pair is under buying pressure last 10 months with extremes about 1000 points in last 6 weeks.
Strength of the currencies – First currency was stronger than second last few weeks.
Conclusion – First currency will be weaker as second. Pair will be 380 pips lower than actual price at a deadline. …
Range indicator and volatility – Pair has high volatility with average range about 100 points.
High-Low indicator – Pair is under buying pressure last 10 months with extremes about 1000 points in last 6 weeks.
Strength of the currencies – First currency was stronger than second last few weeks.
Conclusion – First currency will be weaker as second. Pair will be 380 pips lower than actual price at a deadline. …