Hello Traders,
I am expecting a small down move to the previous trend line that broke recently. I'm looking for a bounce there and not a complete failure to break the low again. After which, we will have an up move at least to 0.64 zone.
This move is invalidated if the price fails to hold at 0.6286 / 0.6265 range so make sure to keep an eye on it over there.
Thumbs up & follow for more!
Good luck
I am expecting a small down move to the previous trend line that broke recently. I'm looking for a bounce there and not a complete failure to break the low again. After which, we will have an up move at least to 0.64 zone.
This move is invalidated if the price fails to hold at 0.6286 / 0.6265 range so make sure to keep an eye on it over there.
Thumbs up & follow for more!
Good luck
Komen:
easy money.
I will update you on the next move when price action becomes clearer. If there is no huge rebound up wards then we will likely consolidate and continue falling back down.