64.18, which is the 261.8% fib expansion level acted as a strong support earlier this month.
The daily RSI shows higher bottom formation. With that in mind, one should watch out for a rebound from 64.18 levels, although only a subsequent break above 64.80 (Apr 20 high) would signal the bear trend has bottomed out there and could yield test of supply around 65.21 levels.
The daily RSI shows higher bottom formation. With that in mind, one should watch out for a rebound from 64.18 levels, although only a subsequent break above 64.80 (Apr 20 high) would signal the bear trend has bottomed out there and could yield test of supply around 65.21 levels.
