Technically I am favouring a brief rally to retrace from high of 7.3 to low of 5.8 then a further slump. But will it bounce off MA25 at 6.25, 25% retrace at 6.5 (which would co-incide with prev support level now turning into resistnace) or 38.2%Fib at 6.75?
I'll be waiting for confirmation before selling.
five year low, page-12
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
