DislikedChart has a new look now. Made a new low and temporarily closed below the 50MA on the 4H. Looks like another war zone at 100MA and 23.6FIB Chinese data later will be interesting, push back up into short term resistance or possible fall down to 38.2FIB and maybe a run at the 200MA near 50FIB and the big number at 94?? Maybe wishful thinking form a guy still buried in his shorts. Any thoughts always appreciated, green pips to all {image}Ignored
AJ pushed up and indeed was majestically rejected at resistance, however, with US equities set to open higher could it be enough risk on sentiment to push AJ thru that resistance. Five rejections on the 4H makes me think that if broken we may see a push back to test the 96.5 area. Of course I am short and hoping it holds and that we eventually see a retrace to 94
Price just above 50MA on 4H but interestingly on the 1H chart the 50,100, and 200MA are all sitting between 95.50 and 95.60 so looks to me like there is still quite a battle going on in this area.
Green pips to all
Pride always comes before destruction.... -Proverbs 16:18
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