Successful bounce down off of the 20Day MA, now testing the top of "strong support" zone.
A few possibilities shown that I can see playing out for the next few days, and into the month of Oct.
A break below 0.225 will likely yield a drop to 0.21 levels.
If we don't bounce up from the March trend line, that will likely bring us to the bottom of the channel around 0.19 levels.
A few possibilities shown that I can see playing out for the next few days, and into the month of Oct.
A break below 0.225 will likely yield a drop to 0.21 levels.
If we don't bounce up from the March trend line, that will likely bring us to the bottom of the channel around 0.19 levels.