Currently we are seeing an "either, or" situation. I can't stress this enough - we need to hold the 1.10 zone (range). A close underneath this zone reverses our upward channel. If we can see buying pressure on lower timeframes around 1.10, the upward channel continues and we'll be back to 1.30 in no time.
I'll keep updating on the lower timeframes. Thanks for watching, BlockTechEv
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Hi Everyone, quick update - if we can close this 1D candle above our support fib zone (1.10) especially towards the upper side around 1.18, we might take another shot at resistance 1.30. Lower tf's are picking up.
thanks a lot for sharing