Daily PPMs are not showing any sign of momentum at the moment, hence price is expected to linger around it's current range for a few trading sessions.
The PPM1 on the weekly chart is back in trend again, even if downward facing for this week. So I expect some easing of the downward pressure on price.
Today is a Friday, and next week is predicted to have an upward momentum on the PPM1 so the trading range for the next few days could be following a slight upward drift.
The PPM1 on the weekly chart is back in trend again, even if downward facing for this week. So I expect some easing of the downward pressure on price.
Today is a Friday, and next week is predicted to have an upward momentum on the PPM1 so the trading range for the next few days could be following a slight upward drift.