I tooki technical analysis just like every other trader probably has and although it has its uses I do not put as much stock as most technicians do who believe it is the only toll you really need and it has economic data factored in. I find that a lot of patterns are explained after the fact and fit the scenarios we spin them into on occasion. We that being said we see some resistance here it has now defended this 68.90 zone 4
times we have made money twice picking up another quarter here
but experience tells us if it keeps knocking at the door it will eventually get in. We continue to sell at 68.9x for trading purposes we see 70 as the next resistance level after this one. We are buyers at 68 area if it dips all else constant
again if you have not made a money or taken one of these round trips
see resista
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