Also here a rough day for bulls. Market quickly reached the calculated target of the triangle breakout around 0.3200. Once could see some support there initially.
When looking at the broader bearish channel then this market may even reach 0.2500 where it's low end resides. Have to be careful initiating shorts here however the a pretty low RSI reading.
0.3700 sees first resistance.
When looking at the broader bearish channel then this market may even reach 0.2500 where it's low end resides. Have to be careful initiating shorts here however the a pretty low RSI reading.
0.3700 sees first resistance.