FxWirePro- ROSEUSD (Chart of the day)

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ROSEUSD trades higher for past foru days and surged more than 30%. It hit a high of $0.130 and currently trading around $0.1290. The pair is holding above the short-term (21 and 55-day EMA) and long-term moving average (200-day EMA).

The near-term resistance is around $0.1450, any indicative breach above will take the pair to $0.1850/$0.250.On the lower side, immediate support is $0.10, and any violation below targets $0.0850/0.070.

Indicators ( Daily chart)

CCI(50)- Bullish

Directional movement index - Bullish

It is good to buy on dips around $0.090 with SL around $0.070 for TP of $0.1850.

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