SP moving into a bearish phase and while that lower bollie is heading north (resetting) the SP won't go above the .053 level (unless an announcement knocks TA out of the park).
MACD is rolling into the negative and the SP is now closing below the 8ema.
The best scenario would be if the SP dances sideways while that lower bollie resets otherwise the 50-62% Fib retracements are between .041-.045.
Cheers
SP moving into a bearish phase and while that lower bollie is...
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