We have 3 clear technicals here:
Descending channel, Daily support and Daily resistance.
We have just last week tapped into that resistance and 61.8 Fib level so I would favour sells below the support and a continuation of the market structure to move bearish. However, we have scenarios ready for buys as well
Descending channel, Daily support and Daily resistance.
We have just last week tapped into that resistance and 61.8 Fib level so I would favour sells below the support and a continuation of the market structure to move bearish. However, we have scenarios ready for buys as well