DislikedQuick Monthly Outlook 1.2313 is still key pivot level and current candle came back below it.. If you noticed monthly candles have not been able to touch Fib 61.8 yet: Might give bulls the confidence to attack one more time??? Maybe??? Nothing bearish on monthly! But BLUE moving average blocks the way!!! Delaying or even stopping bulls!!! MACD slightly started shifting to bearish??? Conclusion: Monthly candles demand a breakout. Best buy zone: 1.1880 to 1.2110 area. Best sell zone: any bounce-down from 1.2313 could be a potential bearish rally starter....Ignored
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