Watch the intersection of the bearish trend line and the 61.8% Fibo level. This resistance point should hold.
The price is rising on falling momentum, which is a signal for a stall near resistance. The bears still control the long-term trend as the bulls complete a nice correction.
Thoughts?
The price is rising on falling momentum, which is a signal for a stall near resistance. The bears still control the long-term trend as the bulls complete a nice correction.
Thoughts?