Price action in this area is showing strong sellers.
We also have the spill over effect from eur neg rates looming w/ many analysts suggesting hike may be delayed due to that.
Price action on oil suggest buyers are stepping in this area.
Best to wait for a catalyst before entering.
Red Zone makes resistance levels
We also have the spill over effect from eur neg rates looming w/ many analysts suggesting hike may be delayed due to that.
Price action on oil suggest buyers are stepping in this area.
Best to wait for a catalyst before entering.
Red Zone makes resistance levels
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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.