If Price trades above 0.6560 and closes above the MA55 and the red line, plus if the RSI is above 50%, this will be a UP trade with possible target at 0.7239. However there is a possible double top at 0.6850.
If price trades and closes below the MA55 at the next trading day, The trade will be a DOWN and the 1st target will be between 0.6350 / 0.6300.
If price closes below these areas the next possible target
will be at 0.5850/0.5750. based on evaluation of the Monthly
chart
If price trades and closes below the MA55 at the next trading day, The trade will be a DOWN and the 1st target will be between 0.6350 / 0.6300.
If price closes below these areas the next possible target
will be at 0.5850/0.5750. based on evaluation of the Monthly
chart
