• 115.476 area is a area of Previous resistence
• 10 day moving average is where area of previous resistence is located
• Wide spread between 20 day and 50 moving average
• Just above 113.350 is the 100 day moving average
○ My Thoughts:
Overall: Neutral
Today: Bearish
Yesterday barely provided us a bullish close. Today has a bullish open but is right at key resistence level. Breaking through yesterday's high would be an bullish signal. Staying below would give bearish signals. With gold pumping I would expect this to come down more
• 10 day moving average is where area of previous resistence is located
• Wide spread between 20 day and 50 moving average
• Just above 113.350 is the 100 day moving average
○ My Thoughts:
Overall: Neutral
Today: Bearish
Yesterday barely provided us a bullish close. Today has a bullish open but is right at key resistence level. Breaking through yesterday's high would be an bullish signal. Staying below would give bearish signals. With gold pumping I would expect this to come down more