Trading in downtrend and if breaks .09 level it can test .075-.08 which has been tested by it couple of times in past. Band suggests it can reverse from current level towards upside, which may be ephemeral and helpful for short term trading until and unless it starts gaining volume and MACD supports.
Comment:
As expected, going towards .075-.08 range after breaking .09 level.
Comment:
Following perfectly the chart, it reversed for the short term from .091 to .094 and then moving towards .08.
Trade closed: target reached:
Touched .08 target reached