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New bullish leg initiated. Long.

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DÓLAR AMERICANO/COROA DINAMARQUESA (OANDA:USDDKK)  
InvestingScope  
OANDA:USDDKK   DÓLAR AMERICANO/COROA DINAMARQUESA
Trend Analysis Chart Patterns Technical Indicators USDDKK USD dkk DJ FXCM Index dollar danishkrone Forex Currencies currency
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trendanalysis chartpattern indicator usddkk usd dkk usdollar dollar danishkrone forex currencies currency
USDDKK has preserved the long term Channel Up on 1W (RSI = 69.995, MACD = 0.069, Highs/Lows = 0.1019, B/BP = 0.3423) as it broke the previous consolidation on 1D to the upside. As you see on the chart there are recurring patterns on 1D (Channel Up after Rectangle) so the pair will now most likely print a Channel Up (RSI = 67.432, ADX = 34.541) on 1D towards the next Monthly Resistace = 6.69018. Our long's TP is 6.67021.
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