The targets for this are the 106.5 area, 110.8 area and then 102.
This is based off of confluence between: long term trend lines, volume profile resistance levels and fibbonacci levels.
There is also bullish Divergence seen on the daily, 2D,3D and almost weekly levels but bearish divergence on the 2W timeframe.
I want to say that at 102 it will bounce up to new highs but that is to be determined.
This is based off of confluence between: long term trend lines, volume profile resistance levels and fibbonacci levels.
There is also bullish Divergence seen on the daily, 2D,3D and almost weekly levels but bearish divergence on the 2W timeframe.
I want to say that at 102 it will bounce up to new highs but that is to be determined.