As the chart shows price managed to respect out 50% fib retr and bounced back up.Our aim was to create new support at 0.23 which price tested and bounced again today.Since we did that same bounce with 50 EMA this is without any redo short term bullish trend.We need to wait for any further big new move to totally declare change of trend, but atm moment price is bullish with occasional retracement.Keep in mind that big change of price downwards may still happen due to fundamental news so please stand by for higher time frame confirmation.
Any critics is welcome.Cheers
Any critics is welcome.Cheers