This is a "IF" trade
Lets see, how we perform in the second half of the trading day.
If we manage to hold and stay above the P-Pivot(118.33), the outlook will be bullish .
Hovewer if we close below the 112 level, then we might head lower once again.
In summary, it looks bullish but the volume is very concerning.
If we manage to hold and stay above the P-Pivot(118.33), the outlook will be bullish .
Hovewer if we close below the 112 level, then we might head lower once again.
In summary, it looks bullish but the volume is very concerning.
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