After a big drop, we are getting closer to strong support.
First - OB (Over balance) was tested yesterday. (Pink dot line)
This shows the strength of the bears.
If we break this support, around 1.2000 there is another - green rectangle.
Noteworthy is the intersection of the 25/50 day EMA
First - OB (Over balance) was tested yesterday. (Pink dot line)
This shows the strength of the bears.
If we break this support, around 1.2000 there is another - green rectangle.
Noteworthy is the intersection of the 25/50 day EMA