Today is the 4th day in a row the 1.00 level is tested.
Can this line be resistance turned support in the coming trading days?
Overhead resistance seen at 1.06 then 1.13
the selldown runaway gap between 1.23 and 1.11 has yet to be covered.
Volume slowly increasing shows buying interests
RSI just came off the overbought territory
Looks set for a small run up cover that gap?
support seen @ 0.97 level
REVIEW : Buying support still @ 0.92-93 level. RSI Neutral. volume decreasing indicating lack of interests. Range bound between 0.92-96
2017-04-18 08:39
lextcs
after 9 days of unsuccessful attempts of a breakthrough beyond the 1.00 level buying interests starts to wane....a clear sign of weakness. The support @ 0.97 looks unlikely to hold. looking at 0.92-0.93 as good consideration to buy again.
2017-04-13 08:48