Yesterday’s break still alerts for an initial turnover to short term peaking action. The near term trade is congesting as momentum forces are shifted to the downside. Look for selling to again attack 0.6711 support. A close under 0.6711 confirms a short term top, opening up potential selloffs to 0.6633. The market will need to climb back to a close over 0.6834 to rekindle bull trend forces.
Last Updated Date: 21 April 2022 @ 7:01 AM (UTC)
*Please note that all the dates are in GMT time zone
