1.29750-1.29850 this range is now acting as a strong resistance..
RSI is also very close to resistive trendline and bulls are nearly exhausted...
Possibility of breakout is very rare because of weak bullish spike which tried to trap buyers...
Avoid long positions and Short positions are suggested on strength with stoplosses
RSI is also very close to resistive trendline and bulls are nearly exhausted...
Possibility of breakout is very rare because of weak bullish spike which tried to trap buyers...
Avoid long positions and Short positions are suggested on strength with stoplosses