The Price is near a third touch of a large channel, A region that also serves as a highly resistance region.
We anticipate a long-term BEARISH MOVEMENT WHEN THE PRICE COMPLETE THE DESCRIBED MOVEMENTS.
A bullish move to 0.93745 and further to 0.94685.
The price had to go down to a region where it could accumulate the required momentum for a further move up to the upper trend line channel
There are two point prices for confirming a downward or an upward movement, We ll be so confident with either move if the prices breaks either of the point prices impulsively.
I'm expecting a bullish move when the price reaches 1.27293.
Emotions around the region above the price have led a bullish move just like when you trace the price levels several days back.
Nature and EGO.
The price will head back and hit the price at 0.70754.
Before it consolidate and move further to 0.71719.
So i'm expecting a bullish move.