Today’s drop leaves a failed test up around the 165.40 resistance and signals a turn back to short term bear trending action. Trade is poised for selloffs and close under 165.40 implies a bear wave to 162.80. Any corrective congestion in the lower half of yesterday’s downturn should bear flag a setup for selloffs.
Last Updated Date: 20 April 2022 @ 11:45 AM (UTC)
*Please note that all the dates are in GMT time zone
