Right now price is consolidating. I expect price to test resistance zone price 23647.8 one more time and then reverse towards support zone price 19616.18.
Overall, for this pair the month of December is bullish and in a channel. It looks like price is making a W formation at support zone price 0.74992. I expect price to test trendline and reverse for a long position to take profit at resistance zone price 0.76395.
Price is currently selling and I expect that it will test my support price 1.31756 which is forming the second leg of a W and I believe it will start buying with the long term uptrend from there.
