InvestingScope

USDDKK: Double buy opportunity on 1D/1W.

Long
FX_IDC:USDDKK   US DOLLAR / DÄNISCHE KRONE
The pair is on a strong long term Channel Up on 1W (RSI = 56.469, MACD = 0.047) trading on its Higher Low zone (Highs/Lows = 0.0000). Naturally, 1D is now neutral (RSI = 51.144, Highs/Lows = 0.0000), trading on its own Channel Up Higher Low, pricing a break upwards. The latter gives a buy signal with TP = 6.7000 (Higher High). The 1W Channel Up gives a buy signal if the H/H sequence on the lower resisting trend line (~6.72100) breaks upwards (TP = 6.87400).






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