Last Updated Date: 1 April 2021 @ 9:32 AM (UTC)
*Please note that all the dates are in GMT time zone
Yesterday’s drop leaves a failed test around the 0.7033 resistance and signals a return to short term bear trending action. Trade is poised for selloffs and close under 0.7018 implies a bear wave to 0.6919. Any corrective congestion in the lower half of yesterday’s downturn should bear flag a setup for selloffs. A close over 0.7025 is needed to reject yesterday’s downturn.