Price is kinda in no man's land at this point of time but we have a slight bias to the downside.
BEAR CASE
Price to retest 94.2 at the same time, RSI to retest 90, followed which a farther dump to continue. Price can immediately open short next week before moving up. Look out
BULL CASE
I won't be surprised if price hits the top of the channel again. If entering a short trade, minimise the lot size.
BEAR CASE
Price to retest 94.2 at the same time, RSI to retest 90, followed which a farther dump to continue. Price can immediately open short next week before moving up. Look out
BULL CASE
I won't be surprised if price hits the top of the channel again. If entering a short trade, minimise the lot size.