Smaller time frames look hungry again. Eyeing that 12c snack perhaps.Its a bit of a pivotal week. Daily has closed above the 0.115 and so far maintained it. Thursday is the final day for the monthly candle, so we want to see 0.120 or higher, but we also would like to see it Friday as well to see the weekly close above the level. There is plenty of bear pressure to try stave off the attack however the bulls definitely showing some resolve so far, and the underlying strength has no indications of weakening. Perhaps this is the push that will see us out of the range proper.
IMUGENE CHART. TA only, page-30279
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16 | 2736044 | 0.053 |
20 | 1943436 | 0.052 |
23 | 3206056 | 0.051 |
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