Not much new on today's post, price is still holding within long-term buffer zone but remains towards the low end.
The good sign is that all closes are still above lower trendline for H1+, meaning we could see a potential reversal soon back to 1750-1800.
H1 200EMA is progressing towards 1600-1650 support which has been changed from tentative (dashed) to semi-critical short-term (light solid).
Be cautious if we break below buffer as we may form into a double-top (low 1350-1400).
The good sign is that all closes are still above lower trendline for H1+, meaning we could see a potential reversal soon back to 1750-1800.
H1 200EMA is progressing towards 1600-1650 support which has been changed from tentative (dashed) to semi-critical short-term (light solid).
Be cautious if we break below buffer as we may form into a double-top (low 1350-1400).
