I'm not convinced .07 is the key support level, dfer. Just looking at the chart, mind you
I am more convinced that it is at .067 - on the weekly chart - it was a recent high, and has been tested - and survived - twice.
The 5 Month MA just crossed the 21 Month MA in Aug (admittedly, the pattern is not yet complete).
If it can hold that monthly cross - then for mine - we have three good things in play:-
1) POG has reversed its downtrend (on the monthly) and is going back up
2) NST "sniffing around" the primary resource
3) 5/21M cross
All good mate
Go well all
I'm not convinced .07 is the key support level, dfer. Just...
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