The Price fell to a strong resistance due to fundamental news but it has rejected for several days the resistance so we are expecting the Price to bounce and head upwards.
Also there is a lot a fundamental news supporting this analysis, despite the trade war many are expecting it to be just a pullback.
Look at the descending channel and wait for confirmation of the change of trend above the fibo level of .786.
Comment your opinions!
Also there is a lot a fundamental news supporting this analysis, despite the trade war many are expecting it to be just a pullback.
Look at the descending channel and wait for confirmation of the change of trend above the fibo level of .786.
Comment your opinions!