I thought i should the progress of this price ;).
and we witness the price breaking the counter-trend line last week friday which was stopping the bearish pressure for a moment. therefore we ended up respecting the 0.74 as new resistance with very lovely thick body bearish rejection candle. So now are we seeing the price hitting the 0.73 or even further down to 0.71 as our next major level??? :)
Only price & time will tell. :)
and we witness the price breaking the counter-trend line last week friday which was stopping the bearish pressure for a moment. therefore we ended up respecting the 0.74 as new resistance with very lovely thick body bearish rejection candle. So now are we seeing the price hitting the 0.73 or even further down to 0.71 as our next major level??? :)
Only price & time will tell. :)
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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.