Hi there,
The price is moving above the 50 level on the RSI but below the RSI moving average, suggesting bullish pressure within a bearish range. The price has the potential to rise to 222.680 and 219.320 if it successfully moves above the RSI moving average.
However, since it remains within a bearish range, a potential drop could occur toward the 203.00 support area.
Happy Trading,
K.
The price is moving above the 50 level on the RSI but below the RSI moving average, suggesting bullish pressure within a bearish range. The price has the potential to rise to 222.680 and 219.320 if it successfully moves above the RSI moving average.
However, since it remains within a bearish range, a potential drop could occur toward the 203.00 support area.
Happy Trading,
K.
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That is fine
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