The market is sliding back into bear trending and positioned to attack last Tuesday’s reversal low 1.3120. A close under 1.3120 projects a larger selling wave to 1.3000. Any corrections trapped inside 1.3240 narrow congestion day will maintain bear forces. A close over 1.3266 (SAR) is needed to signal a reversing / bottoming turn.
Last Updated Date: 28 March 2022 @ 5:17 AM (UTC)
*Please note that all the dates are in GMT time zone