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FxWirePro: LTC/USD trades well above 200- day MA, good to buy on dips

  • LTC/USD has broken major resistance 150 (200- day MA) and jumped till 164.55 after a 70% decline from temporary top around $370 made on Dec 19th 2017 high. The pair has formed major double bottom around 106 and shown a good jump of more than 40% and is currently trading around 163.50.
     
  •  The near term solid resistance is around 168 (100- day MA) and any close above will take the pair to next level till 175/195 (Mar 10th high)/250.
     
  • On the lower side, any break below 145 confirms minor weakness and a decline till 130/120/105 is possible.

It is good to buy on dips around 159-61 with SL around 146 for the TP of 195/250.             

 

 

 

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October 23 19:00 UTC Released

ARTrade Balance

Actual

314 %

Forecast

150 %

Previous

-1127 %

October 23 14:00 UTC Released

EZConsumer Confid. Flash

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-2.7 %

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-3.2 %

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-2.9 %

January 31 00:00 UTC 382985382985m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 382985382985m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 394805394805m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 382985382985m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 394805394805m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 382985382985m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 382985382985m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 382985382985m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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