REDATOR Ben Graham Posted Monday at 07:51 REDATOR Report Share Posted Monday at 07:51 [XPD/USD] Today Palladium has the potential to strengthen against the US dollar because all of its technical indicators showing the strength, so that it gives a chance to test the nearest resistance level. Key Levels1. Resistance. 2 : 1850.012. Resistance. 1 : 1813.553. Pivot : 1745.314. Support. 1 : 1708.855. Support. 2 : 1640.61Tactical ScenarioPositive Reaction Zone: If XPD/USD breaks and closes above 1813.55, the move may continue up toward 1850.01.Momentum Extension Bias: If 1850.01 is also broken, XPD/USD could extend toward 1918.25. Invalidation Level / Bias RevisionThe upside bias weakens if the price breaks and closes below 1640.61. Technical SummaryEMA(50) : 1755.17EMA(200): 1726.89RSI(14) : 56.35Economic News Release Agenda:Tonight the United States will release Factory Orders economic data m/m at 22:00 WIB.The material has been provided by InstaForex Company - www.instaforex.com Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.