Last post: May 30th. See chart.
Review: Price was very much bullish but faced with the weekly 200sma acting as resistance which caused a pullback.
Update: Price is still faced with the weekly 200sma as resistance but a bullish move on Thursday could give momentum to the bulls.
Conclusion: Standing aside until the resistance zone is cleared and acts as support before looking to place long trades on USD currencies.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price was very much bullish but faced with the weekly 200sma acting as resistance which caused a pullback.
Update: Price is still faced with the weekly 200sma as resistance but a bullish move on Thursday could give momentum to the bulls.
Conclusion: Standing aside until the resistance zone is cleared and acts as support before looking to place long trades on USD currencies.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading