Price to reject from 1.9800 for three drives
Price is pushing upwards to the 1.98 level. This coincides with a 1.272 extension of the previous move. When touches this are it is at a strong resistance zone. Therefore exprect price to go down.
I will wait for candle stick closure before acting.
There is a trendline breakout on the 1hr RSI, and the start of divergence forming.
I will wait for candle stick closure before acting.
There is a trendline breakout on the 1hr RSI, and the start of divergence forming.
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