REP/USD found the support at the 161.8% Fibonacci, applied to the corrective wave after the breakout. This support at $14.5 has been rejected few times and it seems that Augur does not manage to establish a direction while it continues to trade between the at $30.
The most recent price action shows that a was formed by the oscillator on a . This could indicate that Augur, in fact, is ready to move higher at least to test the resistance formed at $29, which is corresponding with 61.8% level.
Overal a wave up could be expected towards $29 and if broken more growth will take place. Keep in mind that a close below $14 will invalidate this outlook.
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