Price previously broke through the resistance area/ Supply zone and retested it to tap into the buyside liquadity which rested at the retail trendline.
This caused price to have a massive spike to the downside , this was also affected by the fomc fundamentals last night.
Therefore price has to retest this area which has turned from support to resistance before making the next push to the downside
This caused price to have a massive spike to the downside , this was also affected by the fomc fundamentals last night.
Therefore price has to retest this area which has turned from support to resistance before making the next push to the downside