Situation:
The price continues to make new highs and lower lows on the long term prospective.
The the price was once rejected from a resistence level, but it didn't got lower a previous low.
For this reason i think that buyer pressure can surpass the resistence level above.
Expected rate : 91.100
Weekly chart:
I pointed out the lower lows and the resistence level
Daily chart:
A possible scenario is shown, I still expect some reaction to the downside from the resistence level
The price continues to make new highs and lower lows on the long term prospective.
The the price was once rejected from a resistence level, but it didn't got lower a previous low.
For this reason i think that buyer pressure can surpass the resistence level above.
Expected rate : 91.100
Weekly chart:
I pointed out the lower lows and the resistence level
Daily chart:
A possible scenario is shown, I still expect some reaction to the downside from the resistence level