Looking at how price has been moving I feel that we could see price push back down towards the last zone at 0.34500 level before we see a potential break higher towards 0.44
There were a lot of sellers at the 0.4 level and since we have already seen a small bounce from 0.35 this area appears to hold some weakness. If there was strong buying sentiment at this level we would of seen a better move to the upside
There were a lot of sellers at the 0.4 level and since we have already seen a small bounce from 0.35 this area appears to hold some weakness. If there was strong buying sentiment at this level we would of seen a better move to the upside
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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.