Comfort found support at Fibonacci 1.618 after price plummeted since Aug. Price has successfully rebound and met resistance at 5.15. Our view is still bearish at the moment the the price has significantly close below MA50 coincide initial Dead cross formation, followed by losing momentum seen on MACD histogram.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.