Price today made a double rejection to 41.00 key level. Price has pushed off this level & currently broke underneath support. Will be watching now to see if price will retest this support zone as new resistance, which price has previously formed resistance at this zone in the past. From here, will be anticipating a continuation lower towards the ascending trendline along with support below.
Kommentar:
H4: Nice bearish breakout candle of support structure