Price despite bullish this month, but it seen as fail to break above 112.50 for a further bullish move towards 117.50 and beyond.
My view is that the price potentially reversal bearish towards 107.50 with this 2 possibilities
1) break 107.50 towards 102.50
2) reject 107.50 and bullish back towards 112.50 and above.
My view is that the price potentially reversal bearish towards 107.50 with this 2 possibilities
1) break 107.50 towards 102.50
2) reject 107.50 and bullish back towards 112.50 and above.