Hello friends!
Just a quick update on prices.
Yesterday was a bouncy day. As expected, prices started up just above 1.50, then fell towards 1.43 hitting resistance at 1.40 before rebounding. Mid-day the broader market rallied almost 13% to 1.58 (close to the forecast of 1.60). Today has been similar with a drop to 1.50 and rebound to 1.58
4 Day Price Forecast
The rest of today, prices are likely to test 1.60 resistance, potentially reaching 1.64.
In the 2D, green and white EMA are rising, but green EMA has not yet crossed the RSI. Prices should range between 1.48 and 1.60 with an upside bias.
In the 4D, green EMA is well below level 50 while RSI and LSMA are just above level 50. Prices should range around the yellow basis at 1.50 between 1.40 and 1.60 with a downward bias.
Good luck and good fortune!
Just a quick update on prices.
Yesterday was a bouncy day. As expected, prices started up just above 1.50, then fell towards 1.43 hitting resistance at 1.40 before rebounding. Mid-day the broader market rallied almost 13% to 1.58 (close to the forecast of 1.60). Today has been similar with a drop to 1.50 and rebound to 1.58
4 Day Price Forecast
The rest of today, prices are likely to test 1.60 resistance, potentially reaching 1.64.
In the 2D, green and white EMA are rising, but green EMA has not yet crossed the RSI. Prices should range between 1.48 and 1.60 with an upside bias.
In the 4D, green EMA is well below level 50 while RSI and LSMA are just above level 50. Prices should range around the yellow basis at 1.50 between 1.40 and 1.60 with a downward bias.
Good luck and good fortune!
