The pair first went up near 354s and then retraced back 350.30. Now second round, and tried higher again, and RSI is still very high on 4-hourly, and also regression channel shows resistance $ 355s and support $ 348s.
I feel we may see a sharper decline short-term and at least we should see $ 349.50 again on the lower side.
Strategy SELL @ 353-356 and take profit 350.25 for now.
I feel we may see a sharper decline short-term and at least we should see $ 349.50 again on the lower side.
Strategy SELL @ 353-356 and take profit 350.25 for now.
