Hi Traders,
We are back for a fresh week. We more recently saw rejection of the 0.382 Fib level which has been a positive sign for prices to push lower. Currently price is testing the support level $90.3, we may see a small rise to find resistance and then for price to continue tracing lower. We will keep an eye out for key news surrounding the us economy and any progression in tackling the COVID 19 Virus.
Thanks
The Market Sniper Team
We are back for a fresh week. We more recently saw rejection of the 0.382 Fib level which has been a positive sign for prices to push lower. Currently price is testing the support level $90.3, we may see a small rise to find resistance and then for price to continue tracing lower. We will keep an eye out for key news surrounding the us economy and any progression in tackling the COVID 19 Virus.
Thanks
The Market Sniper Team
