Having price holding upside .50, and especially a break upside .59, would makes me keep keep a touch of .65-.70 again as next target. And this bias hold as long as it;
- Doesn't go back under .50; which would make me look for buying entries around the .35 level on light supply.
- And a break under .35 on heavy supply would make me consider selling positions on longer term and change my overall bias.
Daily
Weekly
Monthly
Signs of demand volume in power for the last 3 months. And on last month close ended the heavier on buying interest volume, even tho it got absorbed at .95 ending the month. Which make me expect a still need for decrease of that demand, before any serious movement down.
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