If the price maintains within the uptrend channel, there is a possibility that it may retest its previous high Support: 0.45, 0.415 Resistance: 0.535, 0.57
Formation of a "V" Pattern. It has broken downtrendline on 17 July with a heavy volume and wide trading range, which indicates that selling pressure has climaxed. Long term TP would be 0.345, with each of the Fibonacci level acts as a support and resistance at 0.255, 0.275 and 0.305. Our B.U.Y system has also triggered today, confirming a change of trend from...