Whilst not a market we normally look at or discuss too much, the price action is quite interesting and definitely worth following in this market.
Price is now testing the major daily chart support level.
What is interesting to note about this level is that whilst it has held strongly on the previous attempts to break it, with the most recent attempt price formed a new lower high.
I am now looking for price to break this level and for a new move lower.
Price is now testing the major daily chart support level.
What is interesting to note about this level is that whilst it has held strongly on the previous attempts to break it, with the most recent attempt price formed a new lower high.
I am now looking for price to break this level and for a new move lower.