Break of the long term (since June 30, 2016) uptrend support last October 24 with a lower high setup (July and September 2017) signaling potential downtrend move.
4H chart printed a short entry opportunity, with a previous support now acting as resistance at the 78.275 price area + 20SMA. Projected move toward 73.
4H chart printed a short entry opportunity, with a previous support now acting as resistance at the 78.275 price area + 20SMA. Projected move toward 73.