- Monthly M.A. up - Weekly M.A. currently indecisive. Moving closer together down. - Daily M.A. down
We have seen price reject the Monthly resistance 0.9000 which is in alignment with our 50% FIB level. Price has been making lower highs with a recent lower low at 0.8735 which has taken out our last lower low at 0.8745. Expecting price to drop to 0.8700.
H4 : Waiting for price to break below the C.T.L. and retest the 50% FIB our the C.T.L.
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