Whilst the sell off was created by those who pushed it towards .043 ....self panic led to current prices...IMHO the sell depth is evident that we are heading back up above .04 in the not to distant future.
To conclude.... depicted below shows a lovely measured move...what should ensue from current levels is a retest of .04 in the coming days before a complete spread measurement... projected upwards by the latter rise.imo
target .07
we await.
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