Price has overall been down trending forming Lower Highs and Lower Lows.
Due to these reasons and the clear rejection of our monthly resistance level, we feel price has come to the end of its retracement.
We will look for a good entry point on the 4hr timeframe, our next anticipated target is the 73.452 area.
Due to these reasons and the clear rejection of our monthly resistance level, we feel price has come to the end of its retracement.
We will look for a good entry point on the 4hr timeframe, our next anticipated target is the 73.452 area.
Trade closed: target reached