The first support has broken, expecting a drop to the support line below and then a possible break up towards the end of the pennant which seems to be March. So.. short then long.
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 5.0000 would begin in Midterm. We will close our open trades, if the Midterm level 5.0000 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. Price is below WEMA21, if price...