The price reached a low of 1.3256. The successful test led to a move higher. The price peaked at 1.3298. The lows seem to be in place for the day and another move down will likely find profit taking buyers. Note however, that a move below the 1.3248 level should not be faded. A move higher would find resistance at the 1.3315-1.3323 level.
Next support at 1.3100 50% Fibo.
No comments:
Post a Comment