Price is approaching to the first weekly resistance level after a sharp rise. MACD shows a negative regular divergence. IF price got rejected by the resistance level @1.21814, it would be a good entry point to go short. I expect the price to touch the trend line and drop around 1.21030 which is near the weekly pivot (1.21022). BUT IF price broke the first resistance level, it may rise to the second one and then fall. BTW, I really like the new drawing tool of TV which called Price Notes! Much easier to attach notes at specific prices! highly recommend 🤗👍🏻
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