Some strong buy signals developing on the currently daily and 4 hour charts.
RSI is showing a healthy bounce with volume following a good defence by the bulls at the historic support level provided by the bottom at EUR6.24 in November 2017.
From a purely technical perspective I have decided this is strong enough to open a small long, with my target at the top of the channel around the EUR7.74 mark.
RSI is showing a healthy bounce with volume following a good defence by the bulls at the historic support level provided by the bottom at EUR6.24 in November 2017.
From a purely technical perspective I have decided this is strong enough to open a small long, with my target at the top of the channel around the EUR7.74 mark.