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Add as a preferred source on GoogleQuotes from Societe Generale Cross Asset Research: -USD/ILS has given a break above a descending trend line resistance and is currently probing the 50 day MA at 3.92. Daily RSI is breaking above resistance and the up mov…
Quotes from Societe Generale Cross Asset Research:
-USD/ILS has given a break above a descending trend line resistance and is currently probing the 50 day MA at 3.92. Daily RSI is breaking above resistance and the up move is likely to continue.
-A break above 3.92 will lead the pair higher towards 3.97 and probably even towards the multiyear descending trend line resistance at 4.02/4.04.
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