There has been a descending wedge forming since the last high. It appears to be testing the top of the wedge to confirm a breakout.
Bullish scenario takes it to .40-.45 (if market climbs)
Semi bullish scenario (market stays stable) 0.30-0.33
Bearish failure, drop to 0.20-25
Bullish scenario takes it to .40-.45 (if market climbs)
Semi bullish scenario (market stays stable) 0.30-0.33
Bearish failure, drop to 0.20-25
