0.7223 is a resistance that has failed to hold. we saw price traded above this point last week, on Monday price sharply dropped to 0.71580 before trading back up to confirm the breakdown.
Here we have an easy trade. sell below 0.7223 which will eventually take us towards the 0.71580 and a break of this zone will open door for 0.7080 area.
On the flip-side, a trade above 0.72499 will open door for more upside rally in the pair.
GLT
Follow us on twitter for more info and updates @charts_247
Here we have an easy trade. sell below 0.7223 which will eventually take us towards the 0.71580 and a break of this zone will open door for 0.7080 area.
On the flip-side, a trade above 0.72499 will open door for more upside rally in the pair.
GLT
Follow us on twitter for more info and updates @charts_247
