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Trip: ⬆️ Buy
– Trip reversed from multi-month support level 13.00
– Likely to rise to resistance level 14.20
Trip recently reversed up from the support area between the multi-month support level 13.00 (which has been reversing the price from September) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the previous downward impulse wave (3).
Given the strength of the support level 13.00 and the oversold dally Stochastic, Trip can be expected to rise to the next resistance level 14.20.
Source: https://fxpro.news
