Even though it held 200ma weekly this area won't be easy to break as previous resistance plus trend line.
Unless strong news we could have a breather & to cool down RSI before next leg, it might head to 1.68p-1.72p
If for longer term either average down at lower levels or slice here and wait for a top up
3.58p good target area for slice
if we do break trend line & remain above 200ma for another week or so then I will re-assess.
Unless strong news we could have a breather & to cool down RSI before next leg, it might head to 1.68p-1.72p
If for longer term either average down at lower levels or slice here and wait for a top up
3.58p good target area for slice
if we do break trend line & remain above 200ma for another week or so then I will re-assess.