Good morning, traders,
yesterday FDAX1! hit the top of the trading range which gives us two possible scenarios:
- the price bounces back down
- buyers break the resistance
Staying within the range looks more likely for me now, but we have to let the market show us if it is going to be bulls or bears who will be driving the market in following days. ;-)
Stay tuned for more updates and have a nice day!
John
FINEIGHT Team
yesterday FDAX1! hit the top of the trading range which gives us two possible scenarios:
- the price bounces back down
- buyers break the resistance
Staying within the range looks more likely for me now, but we have to let the market show us if it is going to be bulls or bears who will be driving the market in following days. ;-)
Stay tuned for more updates and have a nice day!
John
FINEIGHT Team