Has been below the 0.69 temporary resistance level for about 2 weeks. Currently buyers are eating 0.695. A break above 0.700 will signal a clear lift off resistance. As long as 0.700 remains as the new support, potential upside to 0.75 and 0.77 recent high seems possible. Traders looking for a breakout of 0.700 can consider locking in some positions at these levels.
Stop loss at 0.65.
No comments:
Post a Comment