đź“ŤHello traders, today we are looking at SEIFDUSD 1H chart to see what is the situation right now at the market. SEI has performed very well during the last days, however it seems that it has reached a level where it will retest a resistance level.
đź“ŤTrading at $0.86 is happening right now and as we can see, at it is very close to reach the support level of 0.84 where it will retest. We have already outbreak the moving channel between 0.91 - 0.87. As the whole market is going to make a correction, the same is expected by SEI as well.
✔Recommended trading strategy: As we are moving at the resistance level it is suggested to follow a short order - short term. The price is going to move below $0.84 in the next hours. If we reach 0.84 it is expected to gain momentum to 0.90 and maybe higher.
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