A solid rally back to 164.70 has been complete by the bulls. We now rests on the 61.8% retracement of the immediate bearish leg. Will the bears strike at this point?
No bearish move will take this back to Friday's high of 165.50 and going farther will be very bullish.
No bearish move will take this back to Friday's high of 165.50 and going farther will be very bullish.
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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.