KCS/USD - KCS Attempts Breakout! Will the market allow it? 🤔 KCS is slowly moving towards $21 which has acted as major resistance in the past and never really let the price rally above it.
Now, KCS is again trying to do the same. Will this time be successful after 5 failed attempts?
The indicators are slowly turning bullish, particularly OBV and MACD. RSI is still flat and the volume does not look that sexy, but it is a weekend.
Let's see if Monday KCS can build some momentum behind this most recent move. For now, the support at $19 has done a good job.
Bias may turn bullish on this price action, but I want to see KCS move above $21 and hold above that level first.
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