The counter broken a critical resistance of 1.81643, however, it was unable to sustain the higher levels and retracted sharply.
It recovered from the sharp fall and is currently testing the same resistance level.
We expect the resistance to cap the price action and nudge it down from here.
It recovered from the sharp fall and is currently testing the same resistance level.
We expect the resistance to cap the price action and nudge it down from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.