Bullish view:
1. Strong reversal for 5days from recent dip.
2. Retesting the $1.335 to $1.350 area of resistance for the 3rd time.
3. Ongoing Strong Uptrend, bouncing back Up every time the price
dip near/touch 50EMA (blue line).
4. Bullish MACD, about to cross from below to signal line.
Bearish view:
1. Trading Volumes are not convincing enough to break $1.335 to $1.350 area of resistance.
2. Big possibility that $1.335 to $1.350 resistance will HOLD then head back down ward,
which could form a bearish "double top".
3. RSI is 63 and will be Over Bought very soon.
Goodluck and Enjoy the Weekend.
XRF Price at posting:
$1.34 Sentiment: Buy Disclosure: Held
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