Weekly Predictions (Mar 4 - 8)

- RSI and Stochastic Oscillator both indicating pair is overbought
- Pair approaching strong resistance 149.5 (price has been unable to cross and close since May 2018)

Komentarz:

4-hr chart

- RSI and Stochastic Oscillator both indicating pair is overbought
- Possible head and shoulders pattern developing

Komentarz:

- Predictions: Pair may find it way to 149.5 where it might consolidate for a while before going into a downwards trend go
- Since pair is not consolidating, EMA STRATEGY on 30-mins chart may be applicable during the week