Channel Up hit Resistance. Confirmation required.ZRXUSD has just hit the 1.3390 Resistance level on 1D and the Channel Up (RSI = 57.637) has pulled back. This can either be an attempt to form a Higher Low (Highs/Lows = 0.0000) or a 1W bearish reversal (STOCH = 35.072, Williams = -57.526). If 1.3390 breaks, we will go long, TP = 1.5915. If 1.0134 breaks, we will go short, TP = 0.7870.
