Price has yet to break the resistance line at 0.73265 but has been holding in a narrow channel. Looking for price to challenge the 0 fib line at 0.73105 one more time and then retrace down to the support line at 0.72247 and possibly break that support and continue falling to the Aug 8th low and the 0.618 fib line.
Or it may do nothing of what I just said. Thats the joys of trading
Or it may do nothing of what I just said. Thats the joys of trading