W1 - Price respected the psychological level 110 and bounced lower.
Bearish convergence.
D1 - Currently it looks like a pullback is happening.
No opposite signs.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Bearish convergence.
D1 - Currently it looks like a pullback is happening.
No opposite signs.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.