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gurjot_galwatti
12 de Set de 2019 10:25

GBPINR - Downward Wedge Pattern - Target 94 Viés de alta

BRITISH POUND / INDIAN RUPEEICE

Descrição

There is a formation of the downward wedge in a weekly time frame chart and the pair is poised to breach major resistance 89. It will achieve the first target 91 provided the pair gives closing above the aforementioned resistance. Moreover, the bulls will force the pair to hit the second target 94.

On the contrary, it could run out of steam and might get first support at 84, and a subsequent increase in selling pressure may force the pair to achieve second support at 79.
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