We have seen the downtrend for Moya Asia taking shape since last month when we broke the 0.090 level..
Some downside targets were drawn then towards 0.080 and we have indeed sold down..
See the whole picture first…
Over the past week, we have seen our target as above broken too and hence more downside still possible..
Targets were revised lower last week and seems like we are seeing some support around 0.074 for now…
More bearish price actions below this level can see the selling continue…
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