1M
Monthly 1.35000 has been rejected a few times, with last 2 months breaking this level and closing above it. EMA are on the way up this is lagging. Bullish engulfing currently.
1W
Last week’s candle has taken out 3 candles prior to this, and also closing above the monthly resistance. Should come back up to test the last previous high. EMA to the up side.
1D
Yesterday a bearish engulfing close while rejecting the monthly resistance turned support. EMA to the up side.
4H
EMA also pointing up on 4H but a little weary as they haven’t crossed in a long time. CTL crossed after a little retracement to the 61% which lines up on the monthly support (retesting monthly).
Monthly 1.35000 has been rejected a few times, with last 2 months breaking this level and closing above it. EMA are on the way up this is lagging. Bullish engulfing currently.
1W
Last week’s candle has taken out 3 candles prior to this, and also closing above the monthly resistance. Should come back up to test the last previous high. EMA to the up side.
1D
Yesterday a bearish engulfing close while rejecting the monthly resistance turned support. EMA to the up side.
4H
EMA also pointing up on 4H but a little weary as they haven’t crossed in a long time. CTL crossed after a little retracement to the 61% which lines up on the monthly support (retesting monthly).