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Comment:
- Price has now tested the 1225 region twice without a strong follow through to the upside
- We could see a slight retracement back down today as we are in fairly oversold territory on the 1h + below timeframes
- Expecting price to drop back into the 1217 support region if so
- Could equally see a break of the 1225 level so keep an eye on this level
- We could see a slight retracement back down today as we are in fairly oversold territory on the 1h + below timeframes
- Expecting price to drop back into the 1217 support region if so
- Could equally see a break of the 1225 level so keep an eye on this level
- This is the mentioned resistance that would need to be broken to continue higher