Its been quite a challenging time for Sydney for quite some time and good days isn't near anytime soon.
Going by the chart, looks like SYD will dip more to around 5.35 level before bouncing up again.
Also all EMA's are above the price line which is a bearish sign.
Would be interested to see how long will SYD take to Take off.
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Going by the chart, looks like SYD will dip more to around 5.35 level before bouncing up again.
Also all EMA's are above the price line which is a bearish sign.
Would be interested to see how long will SYD take to Take off.
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Comment:
SYD started to move south. Ideally this week it should touch point V on the chart from where it will do short term recovery to point A