Bulls failed to take control of the 1.07250 resistance leading to further declines to 1.06250 support. price is currently in a wedge and has found minor support at 1,06750 and minor resistance at 1.06950. price is trading just under the keltner channel's middle band and could be a sign of the bearish momentum continuing. accompanied with the 23rd June 2020 rejection and a bearish engulfing close of the previous day candle under the middle keltner band to suggest bearish a short term bearish move. a further break of the 1.06250 support would push price down to 1.05800 support
Trade closed manually:
Closed at +10 pips, volatility is starting to flood the market