We have a huge triangle forming on the daily with good supply zones at either end.
Given that we are oversold and coming in to support after a 0.03+ sell-off, we might get a decent bounce to the other side. Depending on how the DX and CL act, we could break down and see new lows but for the moment it's a wait and see.
On smaller timeframes it's definitely catching bids off the 0.7972 low
Given that we are oversold and coming in to support after a 0.03+ sell-off, we might get a decent bounce to the other side. Depending on how the DX and CL act, we could break down and see new lows but for the moment it's a wait and see.
On smaller timeframes it's definitely catching bids off the 0.7972 low
