It has tested the previous resistance and get rejected. Now the bullish momentum appears to be exhausting and price is stalling near the trend line support. If it breaks the trend line support, price may possibly retest the near term support zones (1.06300 & 1.05700)
Good luck & Safe trading!!
Good luck & Safe trading!!
Commentaire:
Didn't break the trend line and bounced up. Now price is testing the major resistance and will monitor the price action closely to see if it breaks or hold.