Price up against the 100dma which is known as the 'buy the dip/short the bounce' level.
Can it (100dma) play that 'short the bounce' role again this time, like it has done on 4 occasions during the past year?
For as long as the trend is down, I'm bearish on the pair.
Can it (100dma) play that 'short the bounce' role again this time, like it has done on 4 occasions during the past year?
For as long as the trend is down, I'm bearish on the pair.